002866SZSE

Q1 Report for 2026

✨ AI Summary

This announcement presents the Q1 2026 financial report of Jiangsu Chuan Yi Technology Co., Ltd. The company reported a 15.86% increase in revenue to approximately 538.2 million yuan, but a significant decline in net profit attributable to shareholders, down 60.82% to about 15.3 million yuan. The report also highlights a decrease in cash flow from operating activities by 40.79%. The financial data indicates challenges in profitability despite revenue growth.

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Full Translation

AI Translation· azure_openai

Important Financial Data

(1) Main Accounting Data and Financial Indicators

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

ItemCurrent PeriodSame Period Last YearChange (%)
Operating Revenue (Yuan)538,203,146.72464,535,675.1815.86%
Net Profit Attributable to Shareholders (Yuan)15,297,690.6039,046,319.10-60.82%
Net Profit Attributable to Shareholders Excluding Non-Recurring Gains and Losses (Yuan)13,246,005.9132,187,487.96-58.85%
Net Cash Flow from Operating Activities (Yuan)58,117,975.3398,153,167.03-40.79%
Basic Earnings per Share (Yuan/Share)0.050.13-61.54%
Diluted Earnings per Share (Yuan/Share)0.050.13-61.54%
Weighted Average Return on Equity0.73%1.93%-1.20%

At the end of the current period compared to the end of the previous year:

ItemCurrent Period EndPrevious Year EndChange (%)
Total Assets (Yuan)3,864,052,564.093,848,475,520.950.40%
Equity Attributable to Shareholders (Yuan)2,108,966,038.072,094,028,866.390.71%

(2) Non-Recurring Gains and Losses

Applicable: Yes

ItemAmount for Current Period (Yuan)Description
Loss from Disposal of Non-Current Assets-1,081,005.73
Government Subsidies Recognized in Current Profit and Loss1,498,228.18Excluding those closely related to normal business operations
Fair Value Changes of Financial Assets and Liabilities477,807.51Excluding effective hedging business
Profit and Loss from Entrusted Investment or Asset Management1,955,934.51
Other Operating Income and Expenses-253,551.51
Less: Income Tax Impact542,735.61
Minority Interest Impact (After Tax)2,992.66
Total2,051,684.69

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

Applicable: Yes

ItemEnd BalanceBeginning BalanceChange (%)Reason
Trading Financial Assets497,566,284.39321,000,729.9655.00%Increase due to more wealth management products purchased and fair value changes
Notes Receivable5,985,644.764,468,746.3233.94%Increase due to more bank acceptance bills received
Long-term Deferred Expenses4,703,088.682,247,365.58109.27%Increase due to more factory renovation expenses
Taxes Payable7,625,011.9612,392,026.81-38.47%Decrease in corporate income tax and additional taxes
Other Current Liabilities649,119.471,180,723.84-45.02%Decrease in endorsed but not yet terminated bills and pending tax credits
Other Comprehensive Income-432,211.95-71,693.03502.86%Increase due to foreign currency translation differences

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