FAW Jiefang Group (000800) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥18.78 billion, up 30.92% year-over-year, with net profit attributable to shareholders at ¥99.31 million, a 241.82% increase year-over-year.

• Basic and diluted EPS were ¥0.0202, up 184.51% year-over-year.

• Operating cash flow was negative at -¥514.76 million, down 225.09% year-over-year due to reduced cash from sales and increased bank acceptance bills.

Financial highlights

• Gross revenue rose to ¥18.78 billion from ¥14.34 billion year-over-year.

• Net profit attributable to shareholders increased to ¥99.31 million from ¥29.05 million year-over-year.

• Total assets at quarter-end were ¥82.82 billion, up 14.22% from year-end 2025.

• Owner's equity attributable to shareholders was ¥26.49 billion, nearly flat from year-end.

• Non-recurring gains totaled ¥73.84 million, mainly from government subsidies and financial asset disposals.

Outlook and guidance

• The company approved plans for daily related-party transactions and financial business with FAW Finance for 2026.

• Board approved hedging and derivative trading activities to manage financial risks.