Do-Fluoride New Materials (002407) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥3.22 billion, up 53.26% year-over-year, driven by growth in new energy materials and battery segments.

• Net profit attributable to shareholders was ¥375.53 million, a 480.14% increase compared to the same quarter last year.

• Basic EPS rose to ¥0.32 from ¥0.06 year-over-year.

Financial highlights

• Operating income grew to ¥3.22 billion, up from ¥2.10 billion year-over-year.

• Net profit excluding non-recurring items was ¥380.15 million, up 1,724.01% year-over-year.

• Operating cash flow was negative at -¥687.98 million, down from -¥210.69 million year-over-year, mainly due to increased raw material payments.

• Total assets increased 14.54% to ¥28.54 billion from the end of last year.

• Shareholders’ equity rose 4.44% to ¥8.77 billion.

Outlook and guidance

• Revenue and profit growth are expected to continue, supported by expansion in new energy materials and battery businesses.