Red Avenue New Materials Group (603650) Q1 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2026 earnings summary
28 Sep, 2026Executive summary
Revenue for Q1 2026 reached RMB 1,048.77 million, up 22.51% year-over-year.
Net profit attributable to shareholders was RMB 182.30 million, a 13.83% increase year-over-year.
Operating cash flow improved by 25.93% year-over-year to RMB 22.68 million.
Financial highlights
Total assets at quarter-end were RMB 9,618.84 million, up 4.34% from year-end 2025.
Shareholders’ equity rose 3.21% to RMB 4,320.66 million.
Basic and diluted EPS both increased to RMB 0.30, up 11.11% year-over-year.
Gross margin improved as revenue growth outpaced cost increases.
Outlook and guidance
No explicit forward-looking guidance provided, but strong revenue and profit growth signal positive momentum.
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