301486SZSE

Q1 Report for 2026

✨ AI Summary

The Q1 report for 2026 reveals a slight decline in revenue of 0.06% year-on-year, totaling approximately 265.97 million yuan. The net profit attributable to shareholders was -6.07 million yuan, a significant decrease of 125.74%. The report highlights a negative cash flow from operating activities of -46.67 million yuan. The company is also pursuing an acquisition of 99.8555% of Shenzhen Hengyang Data Co., Ltd., pending various approvals.

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Full Translation

AI Translation· azure_openai

Shenzhen Zhishang Technology Co., Ltd. Q1 Report for 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 guarantee the authenticity, accuracy, and completeness of the quarterly report, and bear individual and joint legal responsibilities.
  2. The company’s responsible person, head of accounting, and accounting institution head declare: guarantee the authenticity, accuracy, and completeness of the financial information in the quarterly report.
  3. 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 restate or adjust previous years' accounting data: □ Yes ☑ No

ItemCurrent PeriodSame Period Last YearChange (%)
Operating Revenue (yuan)265,972,110.22266,132,095.16-0.06%
Net Profit Attributable to Shareholders (yuan)-6,071,896.0523,585,500.71-125.74%
Net Profit Attributable to Shareholders Excluding Non-Recurring Gains and Losses (yuan)-8,937,031.6322,716,190.03-139.34%
Net Cash Flow from Operating Activities (yuan)-46,669,114.67-9,814,086.72-375.53%
Basic Earnings per Share (yuan/share)-0.050.19-126.32%
Diluted Earnings per Share (yuan/share)-0.050.19-126.32%
Weighted Average Return on Equity-0.24%0.94%-1.18%
ItemEnd of Current PeriodEnd of Last YearChange (%)
Total Assets (yuan)3,258,123,643.183,205,941,264.381.63%
Total Equity Attributable to Shareholders (yuan)2,554,729,736.492,549,069,355.950.22%

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

☑ Applicable □ Not Applicable

ItemAmount for Current PeriodDescription
Loss from Disposal of Non-Current Assets-1,949.68
Government Subsidies Included in Current Profit and Loss35,568.33Excluding those closely related to normal business operations
Fair Value Changes of Financial Assets and Liabilities3,354,327.68Excluding effective hedging business
Debt Restructuring Gains and Losses43,659.85
Other Non-Operating Income and Expenses2,338.79
Less: Income Tax Impact511,729.95
Minority Interests Impact (after tax)57,079.44
Total2,865,135.58

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

☑ Applicable □ Not Applicable

  1. Significant Changes in Balance Sheet Items and Reasons
ItemEnd BalanceBeginning BalanceChange AmountChange Rate (%)Reason
Accounts Receivable Financing444.93694.8-249.87-35.96%Mainly due to the maturity of bank bills
Prepayments1,072.90401.85671.05166.99%Mainly due to an increase in prepaid goods
Other Receivables1,452.26799.99652.2781.53%Mainly due to new contract performance guarantees
Contract Assets621.73936.14-314.41-33.59%Mainly due to a decrease in automation equipment warranty deposits
Long-term Equity Investments273.26273.26Mainly due to new long-term equity investments
Construction in Progress4,330.742,573.511,757.2368.28%Mainly due to production line expansion
Deferred Tax Assets3,062.501,919.231,143.2759.57%Mainly due to an increase in deferred tax assets available for tax offset
Short-term Loans12,968.589,009.433,959.1543.94%Mainly due to new short-term loans
Notes Payable485.761,232.23-746.47-60.58%Mainly due to a decrease in note settlement business

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