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Seres Group
Seres Group (601127) investor relations material
Seres Group Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary29 Apr, 2026
Executive summary
Revenue for Q1 2026 reached RMB 25.75 billion, up 34.46% year-over-year, driven by increased new energy vehicle sales.
Net profit attributable to shareholders was RMB 754.46 million, a slight increase of 0.89% year-over-year.
Operating cash flow was negative RMB 20.95 billion, significantly lower than the previous year.
Financial highlights
Total assets at quarter-end were RMB 123.75 billion, down 14.01% from year-end 2025.
Basic and diluted EPS were both RMB 0.43, down from RMB 0.50 year-over-year.
Gross margin and operating profit margin declined due to higher R&D and operating costs.
Net cash flow from operating activities dropped 73.87% year-over-year.
Outlook and guidance
Revenue growth attributed to robust new energy vehicle sales, with continued R&D investment expected.
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Latest events from Seres Group
- 2025 revenue rose 13.6% to RMB164.89B, with NEV sales and profit before tax both sharply higher.601127
Q4 202530 Mar 2026 - Record revenue and profit on NEV sales growth, margin gains, and strong cash flow.601127Q4 202411 Dec 2025
- Net profit surged 31.56% year-over-year on higher revenue and improved gross margin.601127Q3 202531 Oct 2025
- Net profit surged 81% year-over-year to ¥2.94B, driven by high-end EV sales and margin gains.601127Q2 202530 Aug 2025
- Revenue and net profit soared in Q3 2024, marking a strong turnaround and robust growth.601127Q3 202413 Jun 2025
- Revenue up 489.58% and net profit turned positive on NEV sales growth in H1 2024.601127H1 202413 Jun 2025
- Net profit jumped 240% year-over-year, offsetting revenue decline amid product transition.601127Q1 20256 Jun 2025
Next Seres Group earnings date
Q2 202626 Aug, 2026
Seres Group
Next Seres Group earnings date
Q2 202626 Aug, 2026
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