Wuliangye (000858) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥22.84 billion, up 33.67% year-over-year.

• Net profit attributable to shareholders was ¥8.06 billion, an 82.57% increase year-over-year.

• Basic and diluted EPS both rose to ¥2.0772, up 82.56% from the prior year.

• Total assets at quarter-end were ¥198.64 billion, up 4.56% from year-end 2025.

• Shareholders’ equity increased 6.72% to ¥127.99 billion.

Financial highlights

• Operating cash flow was negative at -¥2.54 billion, compared to ¥15.85 billion in Q1 2025.

• Non-recurring gains totaled ¥26.63 million, mainly from government subsidies and asset disposals.

• Gross margin and other detailed cost metrics not explicitly disclosed.

Outlook and guidance

• Revenue and profit growth attributed to a low base in the prior year and improved market conditions.