Shandong Sinocera Functional Material (300285) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥1,064.11 million, up 9.15% year-over-year.

• Net profit attributable to shareholders was ¥142.27 million, a 4.79% increase year-over-year.

• Cash flow from operating activities surged 84.41% year-over-year to ¥168.85 million.

• A new restricted stock incentive plan was approved and implemented, granting 5.49 million shares to 61 employees.

• Acquisition of 100% equity in Australian listed company SDI Limited was approved to expand dental materials business globally.

Financial highlights

• Operating income rose to ¥1,064.11 million from ¥974.93 million year-over-year.

• Net profit attributable to shareholders increased to ¥142.27 million from ¥135.76 million.

• Net profit excluding non-recurring items was ¥139.69 million, up 10.17% year-over-year.

• Total assets at quarter-end were ¥10,013.73 million, up 5.37% from year-end 2025.

• Owner's equity attributable to shareholders reached ¥7,209.77 million, up 0.81% from year-end.

Outlook and guidance

• The acquisition of SDI Limited is expected to create new profit growth points and accelerate global expansion in dental materials.