Kuang-Chi Technologies (002625) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥522.35 million, up 40.28% year-over-year, driven by increased sales of advanced metamaterial equipment products.

• Net profit attributable to shareholders was ¥176.15 million, a 17.03% increase year-over-year.

• Several large-scale production contracts for metamaterial products were signed, totaling ¥264.45 million, with deliveries scheduled by year-end.

Financial highlights

• Operating income rose to ¥522.35 million from ¥372.36 million year-over-year.

• Net profit attributable to shareholders increased to ¥176.15 million from ¥150.52 million year-over-year.

• Net cash flow from operating activities dropped 84.83% to ¥49.44 million due to higher payments to suppliers, employees, and taxes.

• Total assets at quarter-end were ¥12.01 billion, up 1.04% from year-end 2025.

• Shareholders’ equity rose 1.56% to ¥9.78 billion.

Outlook and guidance

• Delivery schedules for some contracts adjusted due to national policy impacts.

• All signed contracts for metamaterial products are expected to be fulfilled by December 31, 2026.