Yangzhou Yangjie Electronic Technology (300373) Q1 2026 earnings summary

Executive summary

• Q1 2026 saw robust growth driven by strong demand in AI, new energy vehicles, energy storage, and industrial control sectors, with automotive electronics as a key growth driver.

• High-end product mix and effective R&D investment led to improved gross margin both year-over-year and sequentially.

Financial highlights

• Revenue reached ¥2.13 billion, up 34.87% year-over-year.

• Net profit attributable to shareholders was ¥384.91 million, up 41.01% year-over-year.

• EPS was ¥0.71, up from ¥0.50 in Q1 2025.

• Operating cash flow was ¥172.63 million, down 33.53% year-over-year.

• Total assets at quarter-end were ¥16.93 billion, up 1.45% from year-end 2025.

Outlook and guidance

• Power semiconductor industry remains in a high prosperity cycle, with continued strong downstream demand expected.

• Company will continue to focus on core business and product leadership strategy.