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Huadong Medicine Co (000963) investor relations material
Huadong Medicine Co Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating revenue for Q1 2026 reached RMB 11.18 billion, up 4.17% year-over-year and 2.15% sequentially from Q4 2025.
Net profit attributable to shareholders was RMB 1.00 billion, a 9.56% increase year-over-year, with adjusted net profit (excluding non-recurring items) up 10.30% to RMB 990 million, a historical high for the period.
The company focused on innovation, new product launches, and expanding market presence, driving strong growth in innovative product revenue.
Financial highlights
Operating revenue: RMB 11.18 billion, up 4.17% year-over-year.
Net profit attributable to shareholders: RMB 1.00 billion, up 9.56% year-over-year.
Adjusted net profit (excluding non-recurring items): RMB 990 million, up 10.30% year-over-year.
Basic and diluted EPS: RMB 0.5715, up 9.40% and 9.63% year-over-year, respectively.
Net cash flow from operating activities: -RMB 852 million, a 2.35% decrease year-over-year.
Outlook and guidance
External competition and policy volatility are expected to intensify in 2026, but the company remains committed to its innovation-driven strategy and operational upgrades.
Continued focus on R&D, clinical studies, and commercialization of innovative products to drive future growth.
- Revenue up 4.07% to RMB 43.61B; innovative product sales surged 64.2% year-over-year.000963
Q4 20258 Jul 2026 - 2023 revenue and profit hit record highs, fueled by innovation and global expansion.000963
Q4 202322 Dec 2025 - Net profit surged 23.72% to ¥3.51 billion on record revenue and robust R&D investment.000963
Q4 202422 Dec 2025 - Revenue and profit rose on strong pharma growth, while aesthetics rebounded sequentially.000963
Q1 202522 Dec 2025 - Q3 2025 saw 4.53% revenue growth and 7.71% net profit growth year-over-year.000963
Q3 202522 Dec 2025 - Revenue and net profit rose, driven by innovation and robust segment performance.000963
Q2 202522 Oct 2025 - Record H1 2024 profit and revenue growth, with robust R&D and strong interim dividend.000963
Q2 202413 Jun 2025 - Net profit rose 17.05% year-over-year on steady revenue and robust pharma segment growth.000963
Q3 202413 Jun 2025 - Net profit rose 14.18% on steady revenue and robust growth in key business segments.000963
Q1 202413 Jun 2025
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