Zhejiang Juhua (600160) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 6.02 billion, up 3.75% year-over-year, driven by higher refrigerant product prices.

• Net profit attributable to shareholders was RMB 1.17 billion, a 45.93% increase year-over-year.

• Operating cash flow surged 93.55% to RMB 941 million, reflecting improved business efficiency and faster receivables collection.

Financial highlights

• Total profit for Q1 2026 was RMB 1.52 billion, up 47.10% year-over-year.

• Basic and diluted EPS were both RMB 0.434, up 45.64% year-over-year.

• Total assets at quarter-end stood at RMB 40.39 billion, a 5.70% increase from year-end 2025.

• Shareholders’ equity rose 5.78% to RMB 21.61 billion.

Outlook and guidance

• Profit growth attributed to rising refrigerant prices, with management expecting continued positive impact if market conditions persist.