Jiangsu Shagang (002075) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was ¥3.20 billion, down 8.36% year-over-year.

• Net profit attributable to shareholders was ¥51.36 million, a 25.19% decrease year-over-year.

• Cash flow from operating activities dropped 47.82% year-over-year to ¥403 million.

• Total assets increased 19.79% from the end of last year to ¥26.61 billion.

Financial highlights

• Operating income fell 8.36% year-over-year; net profit attributable to shareholders declined 25.19%.

• Net profit excluding non-recurring items dropped 40.54% year-over-year.

• Basic and diluted EPS were ¥0.0234, down 25.24% year-over-year.

• Gross margin and other income decreased, while financial expenses increased, leading to a 32.37% drop in total profit.

Outlook and guidance

• No explicit forward-looking statements or guidance provided.