Shandong Hualu-Hengsheng Chemical (600426) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 8.34 billion, up 7.36% year-over-year, with net profit attributable to shareholders rising 57.96% to RMB 1.12 billion.

• Profit growth driven by higher product sales volume and prices, alongside lower raw material costs.

Financial highlights

• Operating income: RMB 8.34 billion, up 7.36% year-over-year.

• Net profit attributable to shareholders: RMB 1.12 billion, up 57.96% year-over-year.

• Basic and diluted EPS: RMB 0.526, up 57.49% year-over-year.

• Operating cash flow: RMB 890.67 million, down 4.27% year-over-year.

• Total assets at quarter-end: RMB 51.54 billion, up 4.81% from year-end 2025.

Outlook and guidance

• Management attributes profit growth to increased product volume and pricing, as well as lower input costs.