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Shanghai Electric Group (2727) investor relations material
Shanghai Electric Group Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 rose 9.49% year-over-year to RMB 24.19 billion, with net profit attributable to shareholders up 30.15% to RMB 380 million.
Core business maintained steady growth, driving increases in both operating revenue and gross profit compared to the same period last year.
Financial highlights
Total revenue reached RMB 24.32 billion, up 9.32% year-over-year.
Net profit attributable to shareholders was RMB 380 million, a 30.15% increase year-over-year.
Net profit after excluding non-recurring items was RMB 287 million, up 39.75% year-over-year.
Basic and diluted EPS both increased 30.32% to RMB 0.0245.
Net cash flow from operating activities improved to -RMB 800 million from -RMB 3.87 billion in Q1 2025.
Outlook and guidance
Management emphasized continued focus on core business and operational strengthening to sustain growth.
- Net profit rose 60% to RMB1.2 billion on 9% revenue growth, with strong energy equipment sales.2727
H2 202530 Mar 2026 - Net profit rose 2.0% to RMB602 million despite a 6.0% revenue drop; gross margin improved.2727
H1 20249 Dec 2025 - Revenue and net profit rose, driven by policy support and a key business combination.2727
Q3 202530 Oct 2025 - Revenue and profit rose, new orders surged, and a major share repurchase was completed.2727
H1 202526 Sep 2025 - Q3 revenue rose 5.67% year-over-year, but net profit for the nine months declined 7.67%.2727
Q3 202413 Jun 2025 - Net profit surged 145.69% year-over-year on 8.06% revenue growth in Q1 2025.2727
Q1 20256 Jun 2025 - 2024 saw modest revenue growth, higher profits, and robust new orders in energy equipment.2727
H2 20246 Jun 2025
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