CIG Shanghai (603083) Q1 2026 earnings summary

Executive summary

• Achieved revenue of RMB 1.29 billion in Q1 2026, up 43.98% year-over-year, driven by increased core product shipments.

• Net profit attributable to shareholders reached RMB 118 million, a 276.44% increase year-over-year.

• Profitability improved significantly, with EPS rising to RMB 0.34 from RMB 0.12 year-over-year.

• High-speed optical module business expansion contributed to strong top- and bottom-line growth.

Financial highlights

• Operating income: RMB 1.29 billion, up 43.98% year-over-year.

• Net profit attributable to shareholders: RMB 118 million, up 276.44% year-over-year.

• Operating cash flow: -RMB 219 million, compared to -RMB 142 million in Q1 2025, due to increased procurement and inventory.

• Total assets: RMB 11.25 billion, down 5.49% from year-end 2025.

• Shareholders’ equity: RMB 7.56 billion, up 1.52% from year-end 2025.

Outlook and guidance

• Accelerating domestic and overseas capacity expansion to address international trade challenges and delivery pressures.

• Plans to strengthen accounts receivable management and cash flow coordination to ensure stable operations.