Sichuan Yahua Industrial Group (002497) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥2.83 billion, up 84.16% year-over-year, with net profit attributable to shareholders at ¥338.82 million, a 310.87% increase year-over-year.

• Significant growth driven by a rebound in the lithium industry and expanded lithium business scale.

• Major acquisition completed: 51% stake in Weifang Longhai Security Technology for up to ¥362.1 million.

Financial highlights

• Operating income: ¥2.83 billion, up 84.16% year-over-year.

• Net profit attributable to shareholders: ¥338.82 million, up 310.87% year-over-year.

• Net profit excluding non-recurring items: ¥356.56 million, up 419.73% year-over-year.

• Operating cash flow: -¥430.62 million, improved from -¥543.25 million year-over-year.

• Total assets at period end: ¥15.07 billion, up 1.16% from year-end 2025.

Outlook and guidance

• Lithium market recovery expected to continue supporting business growth.

• Ongoing investment in lithium production capacity and related projects.