Eastroc Beverage Group (605499) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 5.89 billion, up 21.46% year-over-year, with net profit attributable to shareholders rising 28.31% to RMB 1.26 billion.

• Gross margin improved to 46.89% from 44.47% last year, driven by lower raw material costs.

• The company completed a successful listing on the Hong Kong Stock Exchange, significantly increasing equity and cash reserves.

Financial highlights

• Operating income was RMB 1.57 billion, up 27.46% year-over-year.

• Basic and diluted EPS both rose 25.03% to RMB 2.3563.

• Net cash flow from operating activities decreased 28.35% to RMB 452 million, mainly due to higher material and tax payments.

• Total assets increased 37.98% to RMB 36.87 billion, and equity attributable to shareholders more than doubled.

Outlook and guidance

• Sales scale continues to grow steadily, with expansion in both product and regional markets.