Zhejiang Century Huatong Group (002602) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥11.01 billion, up 35.19% year-over-year, driven by growth in the online gaming segment.

• Net profit attributable to shareholders was ¥2.03 billion, a 50.18% increase compared to the same quarter last year.

• Operating cash flow rose 50.32% year-over-year to ¥1.94 billion.

Financial highlights

• Basic and diluted EPS were ¥0.28, up from ¥0.19 year-over-year.

• Gross margin and operating profit improved, with net profit margin expansion reflecting strong segment performance.

• Total assets at quarter-end were ¥45.64 billion, up 2.72% from year-end 2025.

• Shareholders’ equity increased 5.32% to ¥32.30 billion.

• Non-recurring gains totaled ¥48.92 million, mainly from government grants and fee rebates.

Outlook and guidance

• Continued growth is expected in the online gaming segment, which remains the primary driver of revenue and profit increases.