002454SZSE

Q1 2026 Report

✨ AI Summary

This report presents the financial results for Q1 2026 of Shanghai Jialeng Songzhi Automotive Air Conditioning Co., Ltd. The company reported a revenue of approximately CNY 1.20 billion, a decrease of 1.45% year-on-year. Net profit attributable to shareholders was CNY 71.39 million, down 23.43% from the previous year. The report highlights a significant increase in cash flow from operating activities, improving by 19.45% compared to the same period last year.

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Full Translation

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Important Content Reminder:

  1. The Board of Directors and all directors and senior management guarantee that the content of the quarterly report is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
  2. The person in charge of the company, the person in charge of accounting work, and the head of the accounting institution (accounting supervisor) declare: guarantee the truthfulness, accuracy, and completeness of the financial information in the quarterly report.
  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 restate or adjust previous years' accounting data? □ Yes ☑ No

ItemCurrent PeriodSame Period Last YearChange (%)
Operating Revenue (CNY)1,195,402,218.621,213,032,081.46-1.45%
Net Profit Attributable to Shareholders (CNY)71,390,735.8893,239,717.16-23.43%
Net Profit Attributable to Shareholders Excluding Non-Recurring Gains and Losses (CNY)61,511,997.9489,174,084.59-31.02%
Net Cash Flow from Operating Activities (CNY)-213,918,855.61-265,564,271.3019.45%
Basic Earnings per Share (CNY/share)0.110.15-26.67%
Diluted Earnings per Share (CNY/share)0.110.15-26.67%
Weighted Average Return on Equity1.77%2.49%-0.72%
ItemEnd of Current PeriodEnd of Previous YearChange (%)
Total Assets (CNY)8,367,743,125.038,651,155,550.52-3.28%
Total Equity Attributable to Shareholders (CNY)4,080,293,205.934,007,495,499.221.82%

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

☑ Applicable □ Not Applicable

ItemAmount for Current Period (CNY)Description
Loss from Disposal of Non-Current Assets (including reversal of impairment provision)-11,726.92-
Government Subsidies Recognized in Current Profit and Loss6,122,426.12Excluding those closely related to normal business operations
Profit and Loss from Entrusted Investment or Asset Management5,342,617.02-
Reversal of Impairment Provision for Receivables2,467,678.77-
Other Operating Income and Expenses-2,127,166.99-
Less: Income Tax Impact1,769,074.20-
Minority Shareholders' Equity Impact (after tax)146,015.86-
Total9,878,737.94-

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