Hangcha Group (603298) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 4.92 billion, up 10.35% year-over-year from Q1 2025.

• Net profit attributable to shareholders was RMB 471.61 million, a 9.17% increase year-over-year.

• Operating cash flow improved to RMB 212.25 million, up 6.75% from the prior year.

Financial highlights

• Total assets at quarter-end were RMB 20.79 billion, up 5.46% from year-end 2025.

• Shareholders’ equity attributable to listed company shareholders rose 3.69% to RMB 12.04 billion.

• Basic and diluted EPS both increased to RMB 0.36, up 9.09% year-over-year.

• Gross margin and operating profit both improved, with total profit up 8.08% year-over-year.

Key financial ratios and metrics

• Weighted average ROE for the quarter was 4.00%, down 0.16 percentage points year-over-year.

• Net profit margin remained stable, with net profit to revenue ratio at approximately 9.6%.