002431SZSE

Palm Eco-Town Development Co., Ltd. 2026 First Quarter Report

ST Palm Co., Ltd.·

✨ AI Summary

Palm Eco-Town Development Co., Ltd. reports its 2026 first quarter financial results. The company experienced a significant decrease in operating revenue and net profit compared to the previous year, primarily due to a decline in engineering revenue and costs. Key financial figures show a substantial drop in total assets and owner's equity. The company also disclosed changes in its actual controller and progress on its fundraising project.

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Palm Eco-Town Development Co., Ltd. 2026 First Quarter Report

Securities Code: 002431 Securities Abbreviation: Palm Shares Announcement No.: 2026-054

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Key Information Prompt:

  1. The Board of Directors, Directors, and Senior Management guarantee the truthfulness, accuracy, and completeness of the quarterly report, and assume individual and joint legal liabilities for any false records, misleading statements, or significant omissions.
  2. The Company's Principal, Head of Accounting, and Head of Accounting Department (Chief Accountant) declare: Guarantee the truthfulness, accuracy, and completeness of the financial information in the quarterly report.
  3. Has the first quarter financial report been audited? Yes ☑ No ☐

I. Major Financial Data

(I) Major Accounting Data and Financial Indicators

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

ItemReporting Period AmountPrior Year Period AmountYear-on-Year Change (%)
Operating Revenue (RMB)262,722,514.57747,671,014.86-64.86%
Net Profit Attributable to Shareholders of Listed Company (RMB)-126,718,164.35-161,761,392.1921.66%
Net Profit Attributable to Shareholders of Listed Company, Excluding Extraordinary Gains and Losses (RMB)-130,195,039.04-170,915,195.7123.82%
Net Cash Flow from Operating Activities (RMB)10,905,600.1761,375,378.83-82.23%
Basic Earnings Per Share (RMB/Share)-0.07-0.0922.22%
Diluted Earnings Per Share (RMB/Share)-0.07-0.0922.22%
Weighted Average Return on Equity-35.30%-10.25%-244.39%
Total Assets (RMB)16,942,676,855.8217,531,686,647.65-3.36%
Equity Attributable to Shareholders of Listed Company (RMB)297,088,298.40420,903,996.45-29.42%

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