Unisplendour (000938) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥27.98 billion, up 34.61% year-over-year, with net profit attributable to shareholders at ¥787.91 million, up 126.06% year-over-year.

• The company accelerated its AI and domestic technology initiatives, participating in major intelligent computing center projects and expanding its product ecosystem.

Financial highlights

• Total assets at quarter-end were ¥103.13 billion, up 7.06% from year-end 2025.

• Net cash flow from operating activities was -¥3.09 billion, a significant decrease from -¥0.84 billion in Q1 2025, mainly due to increased supplier payments.

• Basic and diluted EPS were ¥0.2755, up from ¥0.1219 year-over-year.

• Gross margin and operating profit improved, with a notable reduction in financial expenses due to favorable exchange rates and lower interest costs.

Outlook and guidance

• The company continues to focus on AI infrastructure, intelligent computing, and domestic technology, aiming to strengthen its market position and supply chain resilience.