002025SZSE

Q1 Report for 2026

✨ AI Summary

This report presents the financial results of Guizhou Aerospace Electric Co., Ltd. for the first quarter of 2026. The company achieved a revenue of approximately CNY 1.61 billion, a 10.09% increase year-on-year, and a net profit attributable to shareholders of CNY 52.23 million, up 12.18%. However, the net cash flow from operating activities was negative at CNY -645.76 million, reflecting increased cash payments for procurement to meet order demands. The report was not audited.

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Full Translation

AI Translation· azure_openai

Important Content Reminder:

  1. The Board of Directors and senior management guarantee that the quarterly report is true, accurate, and complete, with no false records, misleading statements, or significant omissions, and they bear individual and joint legal responsibility.
  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. Is the financial accounting report for the first quarter audited? □ Yes ☒ No

I. Main Financial Data

(1) Main Accounting Data and Financial Indicators

Does the company need to retrospectively adjust or restate previous years' accounting data? □ Yes ☒ No

ItemCurrent PeriodSame Period Last YearChange (%)
Operating Revenue (CNY)1,613,999,955.601,466,109,655.3210.09%
Net Profit Attributable to Shareholders (CNY)52,232,066.5246,561,119.5112.18%
Net Profit Attributable to Shareholders after Deducting Non-Recurring Gains and Losses (CNY)44,941,359.1937,572,943.2319.61%
Net Cash Flow from Operating Activities (CNY)-645,756,295.06-453,912,191.79-42.26%
Basic Earnings per Share (CNY/share)0.110.1010.00%
Diluted Earnings per Share (CNY/share)0.110.1010.00%
Weighted Average Return on Equity0.79%0.72%0.07%

(2) Non-Recurring Gains and Losses Items and Amounts

☒ Applicable □ Not Applicable

ItemAmount for Current Period (CNY)Description
Gains from Disposal of Non-Current Assets (including reversal of impairment provisions)468,841.36-
Government Grants Recognized in Current Profit and Loss7,660,459.63Excluding grants related to normal business operations
Reversal of Impairment Provisions for Receivables11,177.00-
Other Non-Operating Income and Expenses683,054.41-
Less: Income Tax Impact948,472.63-
Minority Interest Impact (after tax)584,352.44-
Total7,290,707.33-

(3) Changes and Reasons for Main Accounting Data and Financial Indicators

☒ Applicable □ Not Applicable

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