Shuang-Bang Industrial (6506) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was NT$571,346 thousand, up 9.8% year-over-year; net income rose 47.8% to NT$52,754 thousand.

• Gross margin improved to 20.44% from 17.94% year-over-year, reflecting higher sales and cost control.

• Operating income increased 47.3% to NT$64,653 thousand, with EPS at NT$0.52, up from NT$0.41.

• Cash and cash equivalents rose to NT$146,617 thousand, supporting liquidity.

Financial highlights

• Operating revenues grew 9.8% year-over-year; gross profit up 25.1%.

• Net income attributable to shareholders was NT$43,170 thousand, up 29% year-over-year.

• EBITDA and EBIT not explicitly stated, but operating and net income showed strong growth.

• Cash flow from operations was NT$90,879 thousand, nearly doubling year-over-year.

• Total assets at March 31, 2026: NT$2,640,669 thousand; equity: NT$1,270,037 thousand.

Outlook and guidance

• The coating and resin industry is highly seasonal, with stronger performance expected in the first half of the year.

• Management continues to monitor global demand and adjust capital structure to support growth and R&D.