Guangzhou Guangri (600894) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥1,356.83 million, up 8.73% year-over-year from ¥1,247.86 million.

• Net profit attributable to shareholders was ¥9.07 million, reversing a loss of ¥13.00 million in Q1 2025.

• Operating cash flow improved but remained negative at -¥131.78 million, compared to -¥208.31 million last year.

Financial highlights

• Total assets at quarter-end were ¥14,533.57 million, down 3.92% from year-end 2025.

• Shareholders’ equity stood at ¥8,896.28 million, a slight increase of 0.17% from year-end.

• Basic and diluted EPS were ¥0.0108, compared to -¥0.0154 in Q1 2025.

• Gross margin improved as cost controls and revenue growth outpaced expense increases.

Key financial ratios and metrics

• Weighted average ROE was 0.10%, up from -0.15% in Q1 2025.

• Net profit margin turned positive, reflecting improved profitability.