Shenzhen Envicool Technology (002837) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥1,175.33 million, up 26.03% year-over-year.

• Net profit attributable to shareholders dropped 81.97% year-over-year to ¥8.66 million.

• Cash flow from operating activities was negative at -¥386.36 million, a further decline from last year.

Financial highlights

• Operating income rose to ¥1,175.33 million from ¥932.59 million year-over-year.

• Net profit attributable to shareholders was ¥8.66 million, down from ¥48.01 million year-over-year.

• Basic and diluted EPS both fell to ¥0.01 from ¥0.05 year-over-year.

• Gross margin decreased as cost of sales increased faster than revenue.

• Total assets at quarter-end were ¥7,761.76 million, up slightly from year-end.

Outlook and guidance

• No explicit forward-looking guidance provided, but significant declines in profit and cash flow highlight operational challenges.