Canny Elevator
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Canny Elevator (002367) investor relations material

Canny Elevator Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary23 Apr, 2026

Executive summary

  • Revenue for Q1 2026 reached ¥793.58 million, up 8.91% year-over-year, while net profit attributable to shareholders dropped 46.75% to ¥36.81 million.

  • Cash flow from operating activities was negative at -¥191.86 million, a significant deterioration from the previous year.

  • The company held effective orders totaling ¥6.23 billion as of March 31, 2026, with additional signed contracts for major rail transit projects.

Financial highlights

  • Operating income increased 8.91% year-over-year; net profit attributable to shareholders fell 46.75%.

  • Basic and diluted EPS were ¥0.0461, down 46.83% year-over-year.

  • Total assets decreased 4.47% from year-end 2025 to ¥7.08 billion.

  • Net cash flow from operating activities declined 223.14% year-over-year.

  • Gross margin declined as cost of sales rose faster than revenue.

Outlook and guidance

  • As of March 31, 2026, effective orders stood at ¥6.23 billion, not including several large new contracts signed but not yet included in the backlog.

  • Additional contracts for rail transit projects totaling ¥2.048 billion in maintenance services have been signed.

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