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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.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.
- Revenue and profit fell, but gross margin and order backlog remain stable amid industry headwinds.002367
Q2 202427 Apr 2026 - Revenue and profit fell, but margins improved and service business is a key growth focus.002367
Q4 202427 Apr 2026 - Revenue and profit fell, but gross margin rose amid sector headwinds and unresolved asset risks.002367
Q3 202427 Apr 2026 - Net profit surged 28.58% year-over-year, with robust orders but ongoing investment recovery risks.002367
Q1 202527 Apr 2026 - Stable revenue and profit, strong cash flow, but credit risk from real estate clients persists.002367
Q2 202527 Apr 2026 - Revenue up 8.93% but net profit down 7.56% as credit losses and competition rise.002367
Q4 202527 Apr 2026 - Q3 2025 saw double-digit revenue and profit growth, driven by robust rail transit orders.002367
Q3 202527 Apr 2026
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