Rongsheng Petrochemical (002493) Q1 2026 earnings summary

Executive summary

• Net profit attributable to shareholders surged 378.46% year-over-year to ¥2.82 billion, despite a 19.13% decline in revenue to ¥60.63 billion.

• Operating cash flow increased 7.02% year-over-year to ¥8.54 billion.

• Basic and diluted EPS rose to ¥0.29 from ¥0.06 year-over-year.

Financial highlights

• Revenue for Q1 2026 was ¥60.63 billion, down 19.13% from Q1 2025.

• Net profit attributable to shareholders reached ¥2.82 billion, up 378.46% year-over-year.

• Net profit excluding non-recurring items was ¥3.03 billion, up 389.90% year-over-year.

• Operating cash flow was ¥8.54 billion, up 7.02% year-over-year.

• Total assets at quarter-end were ¥406.98 billion, up 5.26% from year-end 2025.

Key financial ratios and metrics

• Basic and diluted EPS: ¥0.29, up 383.33% year-over-year.

• Weighted average ROE: 6.26%, up 4.93 percentage points year-over-year.

• Gross margin improved as cost reductions outpaced revenue decline.