CNGR Advanced Material (300919) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥15.75 billion, up 46.00% year-over-year, driven by increased sales in battery materials and new energy metals.

• Net profit attributable to shareholders was ¥555 million, an 80.54% increase compared to the same quarter last year.

• Excluding non-recurring items, net profit rose 96.87% year-over-year to ¥517.87 million.

Financial highlights

• Operating cash flow dropped 78.54% year-over-year to ¥23.26 million, mainly due to increased inventory and margin payments.

• Basic and diluted EPS were both ¥0.52, up from ¥0.33 in Q1 2025.

• Total assets at quarter-end were ¥83.43 billion, up 2.24% from year-end 2025.

• Shareholders’ equity increased 1.24% to ¥24.43 billion.

• Non-recurring profit items contributed ¥37.43 million, mainly from government grants and financial asset gains.

Outlook and guidance

• Management attributes revenue and profit growth to robust demand in battery materials and new energy metals, as well as ongoing integration and globalization efforts.