Neusoft (600718) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 1.90 billion, up 2.46% year-over-year, while net profit attributable to shareholders was a loss of RMB 147.5 million, reflecting increased R&D and market investments in AI and data value sectors.

• Strategic transformation and intensified investment in innovation led to higher costs, impacting short-term profitability but aiming to strengthen long-term growth.

Financial highlights

• Operating income: RMB 1.90 billion, up 2.46% year-over-year.

• Net profit attributable to shareholders: -RMB 147.5 million, compared to -RMB 12.1 million last year.

• Basic and diluted EPS: -0.126 RMB, down from -0.010 RMB year-over-year.

• Operating cash flow: -RMB 280.1 million, improved from -RMB 539.0 million year-over-year.

• Total assets at quarter-end: RMB 18.65 billion; equity attributable to shareholders: RMB 8.85 billion.

Outlook and guidance

• Management expects that increased R&D and strategic investments will support high-quality, long-term growth despite short-term profit pressure.