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Zhejiang Longsheng Group (600352) investor relations material
Zhejiang Longsheng 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 reached RMB 3.62 billion, up 11.83% year-over-year, with net profit attributable to shareholders rising 35.67% to RMB 537 million.
Basic and diluted EPS both increased 35.66% to RMB 0.1651 per share compared to the same quarter last year.
Profit growth was driven by higher product prices, increased sales volume, improved gross margin, and gains from asset disposals.
Financial highlights
Total assets at quarter-end were RMB 78.11 billion, up from RMB 75.15 billion at the end of 2025.
Net cash flow from operating activities dropped 83.95% year-over-year to RMB 403 million, mainly due to high pre-sale proceeds in the prior year.
Net profit excluding non-recurring items was RMB 306 million, up 4.74% year-over-year.
Non-recurring gains totaled RMB 231 million, mainly from asset disposals and government subsidies.
Outlook and guidance
Management attributes profit growth to favorable market conditions and expects continued benefit from product price increases and volume growth.
- Revenue and profit fell, but global leadership and full DyStar control were secured.600352
Q4 202512 Apr 2026 - Net profit jumped 32.36% on higher sales and cash flow, with strong core business growth.600352
Q4 202419 Dec 2025 - Net profit grew 2.84% to ¥927.89 million despite a 6.47% revenue drop.600352
Q2 202519 Dec 2025 - Revenue declined, but net profit rose on non-recurring gains; core profit and revenue fell.600352
Q3 202529 Oct 2025 - Net profit surged 100% year-over-year as cost controls and non-recurring gains offset lower revenue.600352
Q1 202510 Sep 2025 - Net profit surged 320.82% year-over-year, mainly due to non-recurring gains.600352
Q3 202413 Jun 2025 - Net profit up 13.93% to ¥902M despite revenue dip; market share and cash flow strong.600352
Q2 202413 Jun 2025
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