Jiangling Motors Corporation (000550) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 9.04 billion, up 13.41% year-over-year, with net profit attributable to equity holders at RMB 340 million, an 11.27% increase year-over-year.

• Vehicle sales totaled 86,065 units, up 13.23% from the same period last year, with notable growth across light buses, trucks, pickups, and SUVs.

Financial highlights

• Net profit after deducting non-recurring items rose 71.23% year-over-year to RMB 252 million.

• Basic and diluted EPS both increased to RMB 0.40 from RMB 0.35, a 14.29% rise year-over-year.

• Net cash flows used in operating activities improved by 13.45% year-over-year, totaling -RMB 1.99 billion.

• Total assets at quarter-end were RMB 29.52 billion, down 12.47% from year-end 2025.

• Shareholder equity attributable to equity holders increased 2.90% to RMB 12.04 billion.

Outlook and guidance

• Growth in net profit and revenue attributed to higher vehicle sales and increased government incentives.