JS Global Lifestyle Company (1691) Q1 2026 earnings summary

Executive summary

• Operating revenue for Q1 2026 was RMB 1.81 billion, down 9.41% year-over-year.

• Net profit attributable to shareholders was RMB 82.85 million, a decrease of 18.37% compared to Q1 2025.

• Net profit before non-recurring items fell 23.87% year-over-year to RMB 81.09 million.

Financial highlights

• Basic and diluted EPS were RMB 0.11, down 21.43% from RMB 0.14 in Q1 2025.

• Net cash flow from operating activities was negative RMB 124.51 million, compared to positive RMB 245.58 million in Q1 2025.

• Weighted average return on net assets was 2.40%, down 0.47 percentage points year-over-year.

• Total assets at quarter-end were RMB 7.43 billion, down 4.67% from year-end 2025.

• Net assets attributable to shareholders increased 1.47% to RMB 3.48 billion.

Key financial ratios and metrics

• Operating revenue declined 9.41% year-over-year.

• Net profit margin compressed due to a sharper decline in net profit versus revenue.

• Significant negative swing in operating cash flow, down over RMB 370 million year-over-year.