Wuhan Guide Infrared (002414) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥1.25 billion, up 83.02% year-over-year, driven by continued delivery of model-based projects and growth in civilian product lines.

• Net profit attributable to shareholders was ¥365.90 million, a 337.96% increase year-over-year.

• Excluding non-recurring items, net profit rose 430.69% year-over-year to ¥351.78 million.

Financial highlights

• Operating income: ¥1,245,942,950.66, up 83.02% year-over-year.

• Net profit: ¥365,901,530.75, up 337.96% year-over-year.

• Basic and diluted EPS: ¥0.0857, up 337.24% year-over-year.

• Gross margin improved as cost growth lagged revenue growth due to scale effects.

• Net cash flow from operating activities was -¥110.32 million, down from ¥41.29 million last year.

Outlook and guidance

• Continued strong growth in both model-based and civilian product lines expected to support future revenue.