Estun Automation (002747) Q1 2026 earnings summary

Executive summary

• Q1 2026 revenue was ¥1.22 billion, down 2.22% year-over-year, while net profit attributable to shareholders surged 674.64% to ¥97.84 million, driven by significant non-recurring gains.

• Operating cash flow turned negative at -¥146.69 million, a sharp decline from ¥47.52 million in Q1 2025.

• Major events included the successful H-share listing in Hong Kong and completion of an equity swap involving Nanjing Gongyi and Nanjing Huaxian.

Financial highlights

• Revenue: ¥1,216.55 million (down 2.22% year-over-year).

• Net profit attributable to shareholders: ¥97.84 million (up 674.64% year-over-year).

• Net profit excluding non-recurring items: ¥19.36 million (up 364.53% year-over-year).

• Operating cash flow: -¥146.69 million (down 408.67% year-over-year).

• Total assets at quarter-end: ¥10.69 billion (up 13.53% from year-end 2025).

Outlook and guidance

• The company aims to leverage its Hong Kong listing to accelerate global expansion and enhance its international brand presence.