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Shanxi Xinghuacun Fen Wine Factory (600809) investor relations material
Shanxi Xinghuacun Fen Wine Factory Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 was RMB 14.92 billion, down 9.68% year-over-year.
Net profit attributable to shareholders was RMB 5.38 billion, a 19.03% decrease year-over-year.
Operating cash flow increased 17.46% year-over-year to RMB 8.25 billion.
Financial highlights
Total assets at quarter-end were RMB 64.38 billion, up 14.31% from year-end 2025.
Shareholders’ equity rose 13.60% to RMB 45.02 billion compared to year-end 2025.
Basic and diluted EPS were both RMB 4.41, down 19.08% year-over-year.
Gross margin declined as revenue and net profit both fell year-over-year.
Key financial ratios and metrics
Weighted average ROE was 12.57%, down 4.69 percentage points year-over-year.
Operating margin and net margin both declined compared to Q1 2025.
- Revenue up 7.5% YoY, net profit stable, and cash dividend payout ratio at 65.35%.600809H2 202523 Apr 2026
- 2024 revenue up 12.79%, net profit up 17.29%, with strong cash dividend proposed.600809H2 202422 Dec 2025
- Revenue and net profit rose, with robust dividends and ongoing nationwide expansion.600809H1 202519 Dec 2025
- Revenue up 5% in first nine months, but net profit growth slowed and cash flow declined.600809Q3 202531 Oct 2025
- Revenue and net profit surged over 17% and 20% year-over-year, with robust cash flow.600809Q3 202413 Jun 2025
- Net profit rose 24.27% year-over-year on robust baijiu sales and strong cash flow.600809H1 202413 Jun 2025
- Revenue and net profit both rose over 6% YoY, driven by robust premium liquor demand.600809Q1 20256 Jun 2025
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