JCET Group (600584) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was RMB 9.17 billion, down 1.76% year-over-year, while net profit attributable to shareholders rose 42.74% to RMB 290 million, driven by product mix optimization and strong order fulfillment at mature plants.

• Cash flow from operating activities increased 55.44% year-over-year to RMB 1.78 billion, reflecting high capacity utilization and improved profitability.

• Automotive, computing, industrial, and medical electronics accounted for over 45% of revenue, with automotive electronics revenue up 28.8% year-over-year.

Financial highlights

• Operating income: RMB 9.17 billion, down 1.76% year-over-year.

• Net profit attributable to shareholders: RMB 290 million, up 42.74% year-over-year.

• Basic and diluted EPS: RMB 0.16, up 45.45% year-over-year.

• Operating cash flow: RMB 1.78 billion, up 55.44% year-over-year.

• Total assets at quarter-end: RMB 55.05 billion, down 0.85% from year-end 2025.

Outlook and guidance

• Continued focus on innovation, efficiency, and scaling high-end capacity to further enhance profitability.

• Ongoing optimization of business structure and accelerated conversion of R&D results.