Jiangsu Ruitai New Energy Materials Co., Ltd. Q1 Report for 2026
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Important Content Reminder:
- The board of directors and senior management guarantee the authenticity, accuracy, and completeness of the quarterly report, and bear individual and joint legal responsibility.
- The person in charge of the company, the head of accounting, and the accounting institution head (accounting supervisor) declare: guarantee the authenticity, accuracy, and completeness of the financial information in the quarterly report.
- Whether the financial accounting report for the first quarter has been audited: □ Yes ☒ No
I. Main Financial Data
(1) Main Accounting Data and Financial Indicators
Whether the company needs to retrospectively adjust or restate previous year's accounting data: □ Yes ☒ No
| Item | Current Period | Same Period Last Year | Change (%) |
|---|
| Operating Revenue (yuan) | 676,806,051.19 | 465,187,906.52 | 45.49% |
| Net Profit Attributable to Shareholders (yuan) | 126,305,059.13 | 26,275,253.72 | 380.70% |
| Net Profit Attributable to Shareholders after Deducting Non-Recurring Gains and Losses (yuan) | 17,087,274.62 | 24,014,865.73 | -28.85% |
| Net Cash Flow from Operating Activities (yuan) | -155,089,118.36 | -7,573,595.17 | -1,947.76% |
| Basic Earnings per Share (yuan/share) | 0.17 | 0.04 | 325.00% |
| Diluted Earnings per Share (yuan/share) | 0.17 | 0.04 | 325.00% |
| Weighted Average Return on Net Assets | 1.72% | 0.35% | 1.37% |
(2) Non-Recurring Gains and Losses Items and Amounts
| Item | Amount for Current Period (yuan) | Explanation |
|---|
| Gains from Disposal of Non-Current Assets (including reversal of impairment provisions) | 143,521,714.11 | Mainly due to the reduction of some Tianji shares included in current profits and losses. |
| Government Subsidies (related to normal business operations, compliant with national policies, and have a continuous impact on profits and losses) | 2,161,659.76 | - |
| Other Non-Operating Income and Expenses | -144,079.29 | - |
| Less: Income Tax Impact | 36,164,014.02 | - |
| Minority Shareholders' Equity Impact (after tax) | 157,496.05 | - |
| Total | 109,217,784.51 | - |
(3) Changes and Reasons for Main Accounting Data and Financial Indicators
| Item | 2026/3/31 | 2025/12/31 | Change Ratio | Explanation |
|---|
| Receivables Financing | 187,686,173.64 | 141,337,557.08 | 32.79% | Mainly due to an increase in payments received via bank acceptance. |
| Long-term Deferred Expenses | 212,784.48 | 340,455.21 | -37.50% | Mainly due to amortization of subsidiary renovation expenses. |
| Contract Liabilities | 6,677,555.98 | 2,886,622.37 | 131.33% | Mainly due to an increase in pre-received sales payments. |
| Payable Employee Compensation | 25,911,344.81 | 46,677,130.99 | -44.49% | Mainly due to the payment of the 2025 annual employee bonuses this period. |
| Income Tax Payable | 90,004,923.96 | 142,712,206.27 | -36.93% | Mainly due to a significant decrease in income tax payable at the end of this period. |
| Other Payables | 2,177,193.03 | 4,416,589.34 | -50.70% | Mainly due to the payment of dividends to minority shareholders at the end of last year. |
| Current Portion of Non-Current Liabilities | 115,455,488.67 | 53,367,815.49 | 116.34% | Mainly due to an increase in long-term borrowings due within one year. |
| Other Comprehensive Income | 15,520,764.64 | 33,365,059.73 | -53.48% | Mainly due to a decrease in foreign currency translation differences. |