Yunnan Energy New Material (002812) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥3.91 billion, up 43.21% year-over-year, driven by increased sales volume.

• Net profit attributable to shareholders was ¥260.3 million, a 901.7% increase year-over-year.

• Significant management changes and board re-election were completed during the quarter.

Financial highlights

• Operating cash flow was ¥206.7 million, up 66.26% year-over-year.

• Basic and diluted EPS were ¥0.27, up from ¥0.03 in Q1 2025.

• Gross margin improved as both revenue and net profit saw substantial growth.

• Total assets at quarter-end were ¥48.55 billion, slightly down 0.41% from year-end 2025.

• Owner's equity attributable to shareholders rose 0.45% to ¥25.58 billion.

Outlook and guidance

• Growth attributed to higher sales volume and improved operational efficiency.

• Continued focus on talent development and cost management to support future growth.