Sailun Group (601058) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 9.46 billion, up 12.48% year-over-year.

• Net profit attributable to shareholders was RMB 1.06 billion, a 1.72% increase year-over-year.

• Operating cash flow turned positive at RMB 176 million, compared to a negative RMB 408 million in Q1 2025.

Financial highlights

• Total assets at quarter-end were RMB 49.55 billion, up 5.94% from year-end 2025.

• Shareholders’ equity rose 3.71% to RMB 22.42 billion.

• Gross margin improved as cost of sales grew slower than revenue.

• Basic and diluted EPS remained at RMB 0.32.

• Adjusted net profit (excluding non-recurring items) was RMB 1.03 billion, up 2.25% year-over-year.

Key financial ratios and metrics

• Weighted average ROE was 4.80%, down 0.39 percentage points year-over-year.

• Operating margin and net margin remained stable.