Noblelift Intelligent Equipment (603611) Q1 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2026 earnings summary
29 Apr, 2026Executive summary
Revenue for Q1 2026 was RMB 1.62 billion, down 0.76% year-over-year from Q1 2025.
Net profit attributable to shareholders fell 39.14% year-over-year to RMB 74.68 million.
Total assets at quarter-end reached RMB 9.64 billion, up from RMB 9.52 billion at 2025 year-end.
Financial highlights
Operating income: RMB 1.62 billion, a 0.76% decrease year-over-year.
Net profit: RMB 74.68 million, down 39.14% year-over-year.
Basic and diluted EPS: RMB 0.29, down 39.58% year-over-year.
Operating cash flow: -RMB 415.92 million, a significant decline from -RMB 250.46 million in Q1 2025.
Gross margin declined as operating costs remained high relative to revenue.
Outlook and guidance
Profit decline attributed mainly to increased foreign exchange losses.
Management highlights increased cash-settled loan payments as a factor in negative cash flow.
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