Power Construction Corporation of China (601669) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 145.07 billion, up 1.75% year-over-year, while net profit attributable to shareholders dropped 25.56% to RMB 1.95 billion.

• Total assets increased 1.72% from year-end 2025 to RMB 1.40 trillion.

• Operating cash flow was negative RMB 44.12 billion, a deterioration from the previous year.

Financial highlights

• Operating income: RMB 145.07 billion, up 1.75% year-over-year.

• Net profit attributable to shareholders: RMB 1.95 billion, down 25.56% year-over-year.

• Basic and diluted EPS: RMB 0.1112, down from RMB 0.1462 year-over-year.

• Operating cash flow: negative RMB 44.12 billion, compared to negative RMB 40.53 billion last year.

• Total assets: RMB 1.40 trillion, up 1.72% from year-end 2025.

Outlook and guidance

• No explicit forward-looking guidance provided, but the report highlights the need for investors to monitor ongoing operational conditions.