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Huizhou Desay SV Automotive (002920) investor relations material
Huizhou Desay SV Automotive Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 was ¥6.50 billion, down 4.37% year-over-year; net profit attributable to shareholders was ¥461 million, down 20.74% year-over-year.
Operating cash flow increased 83.97% year-over-year to ¥1.12 billion.
Basic EPS was ¥0.77, a 26.67% decrease year-over-year.
Financial highlights
Total assets at quarter-end were ¥30.23 billion, up 1.29% from year-end 2025.
Shareholders’ equity was ¥15.16 billion, down 1.68% from year-end 2025.
Net profit excluding non-recurring items was ¥475.9 million, down 4.21% year-over-year.
Non-recurring losses included a ¥52.3 million fair value loss and a ¥14.4 million net non-recurring loss.
Outlook and guidance
No explicit forward-looking guidance provided, but cash flow and asset structure improvements suggest focus on liquidity and risk management.
- Revenue and net profit surged over 17% and 22% respectively, with strong global and R&D growth.002920
H2 20256 Mar 2026 - Revenue and net profit surged over 25% with strong smart driving growth and global expansion.002920
H2 202417 Dec 2025 - Revenue and net profit surged year-to-date, boosted by robust operations and new capital raised.002920
Q3 202528 Oct 2025 - Net profit surged 45.82% year-over-year on 25.25% revenue growth, led by smart driving and cockpit.002920
H1 202512 Aug 2025 - Q3 2024 net profit surged 60.90% year-over-year on strong revenue growth and sales expansion.002920
Q3 202413 Jun 2025 - Revenue up 34% and net profit up 38% in H1 2024, led by smart cockpit and driving.002920
H1 202413 Jun 2025 - Net profit jumped 51% YoY in Q1 2025 on strong revenue and asset disposal gains.002920
Q1 20256 Jun 2025
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