Shenzhen Senior Technology Material (300568) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥1.08 billion, up 21.53% year-over-year, while net profit attributable to shareholders fell 37.33% to ¥29.27 million.

• Cash flow from operating activities dropped 65.95% year-over-year to ¥68.03 million.

• Major developments include approval for H-share issuance in Hong Kong, a new restricted stock incentive plan, and plans to issue technology innovation bonds.

Financial highlights

• Operating income: ¥1,080,809,646.68, up 21.53% year-over-year.

• Net profit attributable to shareholders: ¥29,273,914.20, down 37.33% year-over-year.

• Basic and diluted EPS: ¥0.02, down 33.33% year-over-year.

• Total assets at quarter-end: ¥25.89 billion, up 4.71% from year-end 2025.

• Net cash from operating activities: ¥68.03 million, down 65.95% year-over-year.

Outlook and guidance

• Company received regulatory approval for H-share listing in Hong Kong, indicating plans for international capital market expansion.

• Implementation of a new restricted stock incentive plan to align management and employee interests.