002595SZSE

Q1 Report for 2026

✨ AI Summary

This announcement presents the Q1 2026 financial report of Shandong Haomai Machinery Technology Co., Ltd. The company reported a revenue of approximately 2.67 billion yuan, a 17.07% increase year-on-year, while net profit attributable to shareholders decreased by 0.83% to about 515 million yuan. The report highlights a significant drop in cash flow from operating activities, down 28.58% compared to the previous year. The financial data has not been audited.

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Full Translation

AI Translation· azure_openai

Shandong Haomai Machinery Technology Co., Ltd. Q1 Report 2026

The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.

Important Content Reminder:

  1. The board and directors, senior management personnel guarantee the authenticity, accuracy, and completeness of the quarterly report, and bear individual and joint legal responsibilities.
  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 authenticity, 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 retrospectively adjust or restate previous years' accounting data? □ Yes ☒ No

ItemCurrent PeriodSame Period Last YearChange (%)
Operating Revenue (yuan)2,667,648,656.652,278,671,602.8017.07%
Net Profit Attributable to Shareholders (yuan)515,313,666.34519,648,870.94-0.83%
Net Profit Attributable to Shareholders after Deducting Non-Recurring Gains and Losses (yuan)496,506,491.99501,237,083.12-0.94%
Net Cash Flow from Operating Activities (yuan)116,616,098.57163,281,140.31-28.58%
Basic Earnings per Share (yuan/share)0.64600.6515-0.84%
Diluted Earnings per Share (yuan/share)0.64600.6515-0.84%
Weighted Average Return on Net Assets4.20%5.12%-0.92%

At the End of the Reporting Period

ItemCurrent Period EndLast Year EndChange (%)
Total Assets (yuan)15,372,262,940.8314,766,821,128.894.10%
Total Equity Attributable to Shareholders (yuan)12,533,577,585.9212,026,670,875.684.21%

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

☒ Applicable □ Not Applicable

ItemAmount for Current PeriodDescription
Gain/Loss from Disposal of Non-Current Assets (including reversal of impairment provisions)430,996.67
Government Subsidies Recognized in Current Profit and Loss (excluding those closely related to normal business operations)12,321,932.57
Fair Value Changes of Financial Assets and Liabilities (excluding effective hedging)1,777,188.34
Gain/Loss from Entrusted Loans7,741,745.28
Other Operating Income and Expenses-41,261.30
Less: Income Tax Impact3,448,274.55
Minority Shareholders' Equity Impact (after tax)-24,847.34
Total18,807,174.35

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

☒ Applicable □ Not Applicable

  1. Explanation of Significant Changes in Consolidated Balance Sheet Items | Item | End of Period Amount | Beginning of Period Amount | Change Rate | Reason for Change | |------|----------------------|---------------------------|-------------|-------------------| | Trading Financial Assets | 256,000,000.00 | 450,000,000.00 | -43.11% | Mainly due to a decrease in structured deposits held at the end of the reporting period. | | Accounts Receivable Financing | 510,267,539.36 | 390,665,844.23 | 30.61% | Mainly due to an increase in high credit-rated bank acceptance bills held at the end of the reporting period. | | Short-term Loans | 70,791,017.15 | 210,173,555.56 | -66.32% | Mainly due to the maturity of discounted lower credit-rated bills at the beginning of the period. | | Derivative Financial Liabilities | 18,322.72 | 0.00 | | Mainly due to the fair value changes of foreign exchange forwards at the end of the reporting period. | | Non-Current Liabilities Due within One Year | 8,072,235.33 | 5,937,366.52 | 35.96% | Mainly due to an increase in leased properties at the end of the reporting period. | | Other Current Liabilities | 28,232,130.99 | 21,334,464.21 | 32.33% | Mainly due to an increase in prepaid VAT at the end of the reporting period. | | Other Comprehensive Income | 2,901,417.07 | 32,275,567.05 | -91.01% | Mainly due to a decrease in foreign currency translation differences of overseas subsidiaries at the end of the reporting period. |

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