000977SZSE

Q1 Report for 2026

IEIT SYSTEMS Co., Ltd.·

✨ AI Summary

The announcement presents the Q1 2026 financial report of Inspur Electronic Information Industry Co., Ltd. Key figures include a 24.30% decrease in revenue compared to the previous year, totaling approximately ¥35.47 billion, while net profit attributable to shareholders increased by 30.74% to about ¥604.87 million. The report indicates a significant decline in cash flow from operating activities, down 233.92% year-on-year. The financial report has not been audited.

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Full Translation

AI Translation· azure_openai

Important Content Reminder:

  1. The Board of Directors and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, with no false records, misleading statements, or significant omissions, and bear individual and joint legal responsibilities.
  2. The person in charge of the company, the head of accounting, and the accounting institution declare that they ensure the financial information in the quarterly report is true, accurate, and complete.
  3. The quarterly financial report has not been audited.

I. Main Financial Data

(1) Main Accounting Data and Financial Indicators

The company does not need to retrospectively adjust or restate previous years' accounting data.

ItemCurrent PeriodSame Period Last YearChange (%)
Operating Revenue (¥)35,470,325,836.0446,858,373,514.91-24.30%
Net Profit Attributable to Shareholders (¥)604,873,166.81462,663,827.5230.74%
Net Profit Attributable to Shareholders after Deducting Non-Recurring Gains and Losses (¥)590,262,897.06427,041,823.2138.22%
Net Cash Flow from Operating Activities (¥)-7,771,612,162.745,803,063,897.76-233.92%
Basic Earnings per Share (¥/share)0.41190.314331.05%
Diluted Earnings per Share (¥/share)0.41190.314331.05%
Weighted Average Return on Equity2.75%2.30%0.45%

(2) Non-Recurring Gains and Losses

Applicable

ItemAmount for Current Period (¥)Description
Special Subsidies Included in Current Profit and Loss16,037,001.71Excluding those related to normal business operations
Fair Value Changes of Financial Assets and Liabilities395,470.01Excluding effective hedging business
Other Non-Operating Income and Expenses1,081,795.87
Less: Income Tax Impact2,904,000.26
Minority Interest Impact (after tax)-2.42
Total14,610,269.75

(3) Changes in Main Accounting Data and Financial Indicators

Applicable The changes in financial statement data exceeding 30% and accounting for more than 5% of total assets or 10% of total profit for the reporting period are analyzed as follows:

  1. Accounts receivable increased by 32.55% compared to the beginning of the period, mainly due to the impact of delivery schedules.
  2. Short-term borrowings increased by 522.47%, mainly due to increased funding needs and expanded financing scale.
  3. Contract liabilities decreased by 37.19%, mainly due to the shipment of pre-collected customer payments.
  4. Financial expenses increased by 77.92% compared to the same period last year, mainly due to reduced exchange gains from currency fluctuations.
  5. Other income decreased by 70.45% compared to the same period last year, mainly due to reduced VAT deductions.
  6. Net cash flow from operating activities decreased by 233.92% compared to the same period last year, mainly due to changes in the rhythm of pre-collected customer payments.
  7. Net cash flow from financing activities increased by 67.27% compared to the same period last year, mainly due to increased net financing needs.

II. Shareholder Information

(1) Total Number of Ordinary Shareholders and the Number of Preferred Shareholders with Restored Voting Rights

ItemValue
Total Number of Ordinary Shareholders at Period End351,737
Total Number of Preferred Shareholders with Restored Voting Rights0

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