Shengyi Technology (600183) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 8.14 billion, up 45.09% year-over-year, with net profit attributable to shareholders at RMB 1.16 billion, a 105.47% increase year-over-year.

• Significant growth driven by both copper-clad laminate and PCB segments, with strategic focus on high-end markets and capacity expansion.

Financial highlights

• Operating income: RMB 8.14 billion, up 45.09% year-over-year.

• Net profit attributable to shareholders: RMB 1.16 billion, up 105.47% year-over-year.

• Operating cash flow: RMB 571.57 million, up 110.76% year-over-year.

• Basic and diluted EPS: RMB 0.48, up 100% year-over-year.

• Total assets at quarter-end: RMB 36.21 billion, up 10.49% from year-end 2025.

Outlook and guidance

• Continued focus on high-end product markets and capacity expansion to sustain growth.

• Ongoing investment in R&D and quality management to reinforce market competitiveness.