Ginlong Technologies (300763) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was ¥1.42 billion, down 6.51% year-over-year.

• Net profit attributable to shareholders was ¥61.16 million, a 68.59% decrease year-over-year.

• Operating cash flow turned negative at -¥29.58 million, compared to ¥248.61 million last year.

• Increased R&D investment and higher financial expenses impacted profitability.

Financial highlights

• Gross margin declined as operating costs remained high despite lower revenue.

• Basic and diluted EPS were ¥0.15, down 69.39% year-over-year.

• Total assets at quarter-end were ¥18.96 billion, down 2.11% from year-end 2025.

• Shareholders’ equity increased slightly by 0.67% to ¥9.11 billion.

• Non-recurring gains included ¥15.35 million in government subsidies.

Outlook and guidance

• Management cited ongoing R&D investment and market challenges as key factors for future quarters.