Yunnan Yuntianhua (600096) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was RMB 11.98 billion, down 8.06% year-over-year.

• Net profit attributable to shareholders reached RMB 1.42 billion, up 10.39% year-over-year.

• Basic and diluted EPS were RMB 0.7816, up 10.4% year-over-year.

• The company completed a same-control merger in December 2025, impacting comparative figures.

Financial highlights

• Operating cash flow was RMB 2.40 billion, down 15.95% year-over-year.

• Total assets at quarter-end were RMB 52.79 billion, up 4.86% from year-end 2025.

• Shareholders’ equity attributable to listed company shareholders rose 5.99% to RMB 26.05 billion.

• Gross margin improved as operating costs fell faster than revenue.

Outlook and guidance

• No explicit forward-looking statements or guidance provided for future quarters.