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Proya Cosmetics (603605) investor relations material
Proya Cosmetics Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating revenue for H1 2026 was RMB 5.375 billion, up 0.24% year-over-year, with net profit attributable to shareholders rising 46.26% to RMB 1.168 billion. Excluding non-recurring items, net profit declined 13.80% year-over-year to RMB 664 million.
Gross profit margin improved to 74.32% from 73.26% in H1 2025, while net profit margin on sales increased to 22.22% from 14.56% year-over-year.
A significant non-recurring gain of RMB 445 million was recognized from the staged acquisition and consolidation of Shenzhen FlowerKnows E-commerce Co., Ltd.
Financial highlights
Operating revenue: RMB 5.375 billion (+0.24% YOY); main operating revenue: RMB 5.367 billion (+0.21% YOY).
Net profit attributable to shareholders: RMB 1.168 billion (+46.26% YOY); net profit excluding non-recurring items: RMB 664 million (-13.80% YOY).
Basic EPS: RMB 2.96 (+46.53% YOY); weighted average ROE: 17.61% (+3.26pp YOY).
Net cash flows from operating activities: RMB 950.8 million (-26.48% YOY).
Gross profit margin: 74.32% (up from 73.26%); sales expense ratio: 53.13% (up from 49.63%).
Outlook and guidance
The company continues to focus on multi-brand, multi-category development, digital transformation, and international expansion.
Emphasis on R&D, supply chain automation, and digital intelligence to drive future growth.
- Net profit fell 3.5% year-over-year as revenue dipped and selling expenses rose, despite higher margins.603605
Q4 2025 - Revenue and profit declined year-over-year, while operating cash flow dropped sharply.603605
Q1 2026 - Q3 profit dropped 23.6% year-over-year, but year-to-date net profit and cash flow increased.603605
Q3 2025 - H1 2025 saw double-digit net profit growth, higher margins, and a robust dividend payout.603605
Q2 2025 - Revenue and net profit surged over 30% year-over-year, led by robust online channel growth.603605
Q3 2024 - Proya posted robust H1 2024 growth, with revenue up 37.9% and net profit up 40.5%.603605
Q2 2024 - Net profit surged 28.87% and revenue grew 8.13% year-over-year in Q1 2025.603605
Q1 2025 - Net profit surged 30% on 21% revenue growth, with robust online sales and higher dividends.603605
Q4 2024
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Next Proya Cosmetics earnings date
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