Shenergy Company (600642) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was RMB 6.82 billion, down 7.08% year-over-year from Q1 2025.

• Net profit attributable to shareholders was RMB 787.91 million, a 22.05% decrease year-over-year.

• Operating cash flow remained stable at RMB 2.38 billion, nearly flat compared to last year.

Financial highlights

• Total assets at quarter-end were RMB 112.19 billion, up 0.79% from year-end 2025.

• Shareholders’ equity increased 1.94% to RMB 42.51 billion.

• Basic and diluted EPS were both RMB 0.156, down 24.64% year-over-year.

• Gross margin and operating profit both declined, with total profit down 15.55% year-over-year.

Key financial ratios and metrics

• Weighted average return on equity was 2.03%, down 0.77 percentage points year-over-year.

• Net cash from operating activities was RMB 2.38 billion, a slight decrease of 0.68% year-over-year.