Huaqin (603296) Q1 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2026 earnings summary
30 Sep, 2026Executive summary
Revenue for Q1 2026 reached RMB 40.75 billion, up 16.42% year-over-year from Q1 2025.
Net profit attributable to shareholders was RMB 1.06 billion, a 25.96% increase year-over-year.
Operating cash flow turned positive at RMB 575.70 million, compared to a negative RMB 1.41 billion in Q1 2025.
Financial highlights
Total assets at quarter-end were RMB 103.64 billion, up from RMB 96.21 billion at 2025 year-end.
Basic and diluted EPS were both RMB 1.04, up from RMB 0.84 and RMB 0.83, respectively, in Q1 2025.
Gross margin improved, with net profit margin rising due to higher revenue and controlled costs.
Non-recurring gains totaled RMB 238.43 million, mainly from government grants and fair value changes.
Outlook and guidance
No explicit forward-looking statements or guidance provided for future quarters.
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