SUPCON Technology
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SUPCON Technology (688777) investor relations material

SUPCON Technology 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 summary25 Apr, 2026

Executive summary

  • Revenue for Q1 2026 was RMB 1.51 billion, down 6.29% year-over-year from RMB 1.61 billion.

  • Net profit attributable to shareholders was RMB 74.68 million, a 37.81% decrease year-over-year.

  • Industrial AI business achieved revenue of RMB 183.85 million during the quarter.

Financial highlights

  • Operating cash flow was negative RMB 631.51 million, compared to negative RMB 523.89 million in Q1 2025.

  • Basic and diluted EPS were both RMB 0.10, down 33.33% year-over-year.

  • R&D investment reached RMB 215.03 million, up 4.15% year-over-year, accounting for 14.28% of revenue.

  • Total assets at quarter-end were RMB 18.37 billion, down 2.41% from year-end 2025.

  • Shareholders’ equity was RMB 10.03 billion, up 0.28% from year-end 2025.

Outlook and guidance

  • Management highlighted ongoing expansion in industrial AI, with business scale increasing.

Drivers for the Industrial AI revenue scale-up
Plans to manage exchange losses and tax refunds
Reasons for increased operating cash outflow
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