Wus Printed Circuit (Kunshan) Co. (002463) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥6.21 billion, up 53.91% year-over-year, driven by demand in high-speed computing and AI sectors.

• Net profit attributable to shareholders was ¥1.24 billion, a 62.90% increase year-over-year.

• Significant investments were approved for new high-end PCB production projects and technology platforms.

Financial highlights

• Operating income rose to ¥6.21 billion from ¥4.04 billion year-over-year.

• Net profit attributable to shareholders increased to ¥1.24 billion from ¥762 million year-over-year.

• Basic EPS was ¥0.6455, up 62.64% year-over-year.

• Operating cash flow dropped 64.04% to ¥511 million due to increased procurement and payments.

• Gross margin improved as revenue growth outpaced cost increases.

Outlook and guidance

• Growth expected to continue, supported by investments in high-end PCB capacity and advanced technology platforms.

• Market demand from AI and high-speed computing remains robust.