Wus Printed Circuit (Kunshan) Co.
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Wus Printed Circuit (Kunshan) Co. (002463) investor relations material

Wus Printed Circuit (Kunshan) Co. Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary23 Apr, 2026

Executive summary

  • Revenue for Q1 2026 reached ¥6.21 billion, up 53.91% year-over-year, driven by demand in high-speed computing and AI sectors.

  • Net profit attributable to shareholders was ¥1.24 billion, a 62.90% increase year-over-year.

  • Significant investments were approved for new high-end PCB production projects and technology platforms.

Financial highlights

  • Operating income rose to ¥6.21 billion from ¥4.04 billion year-over-year.

  • Net profit attributable to shareholders increased to ¥1.24 billion from ¥762 million year-over-year.

  • Basic EPS was ¥0.6455, up 62.64% year-over-year.

  • Operating cash flow dropped 64.04% to ¥511 million due to increased procurement and payments.

  • Gross margin improved as revenue growth outpaced cost increases.

Outlook and guidance

  • Growth expected to continue, supported by investments in high-end PCB capacity and advanced technology platforms.

  • Market demand from AI and high-speed computing remains robust.

Reason for the 64% drop in operating cash flow
Advanced technologies for the Changzhou project
Exchange loss impact on Q1 net profit
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