301589SZSE

Q1 Report for 2026

✨ AI Summary

This report presents the financial performance of Xi'an Nova Star Cloud Technology Co., Ltd. for the first quarter of 2026. Key figures include a revenue increase of 13.80% to approximately 706.67 million yuan, while net profit attributable to shareholders decreased by 6.81% to about 95.32 million yuan. The report highlights significant improvements in cash flow from operating activities, which surged by 328.94%. The financial report has not been audited.

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Full Translation

AI Translation· azure_openai

Important Content Reminder

  1. The Board of Directors and senior management guarantee that the quarterly report is true, accurate, and complete, with no false records, misleading statements, or significant omissions, and they bear individual and joint legal responsibility.
  2. The person in charge of the company, the head of accounting, and the accounting institution declare that they ensure the financial information in the quarterly report is true, accurate, and complete.
  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)706,671,182.62621,000,758.2113.80%
Net Profit Attributable to Shareholders (yuan)95,316,921.78102,284,356.13-6.81%
Net Profit Attributable to Shareholders Excluding Non-Recurring Gains and Losses (yuan)93,828,709.8697,837,977.28-4.10%
Net Cash Flow from Operating Activities (yuan)84,315,353.36-36,829,263.57328.94%
Basic Earnings per Share (yuan/share)1.071.11-3.60%
Diluted Earnings per Share (yuan/share)1.061.11-4.50%
Weighted Average Return on Equity2.51%2.70%-0.19%

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

☒ Applicable □ Not Applicable

ItemAmount for Current PeriodDescription
Government Subsidies Included in Current Profit and Loss (excluding those closely related to normal business operations)847,841.40-
Fair Value Changes and Gains/Losses from Disposal of Financial Assets and Liabilities (excluding effective hedging related to normal business operations)-629,660.38-
Other Non-Operating Income and Expenses Excluding the Above-436,924.10-
Other Gains and Losses Meeting Non-Recurring Definition1,933,686.77-
Less: Income Tax Impact225,968.15-
Minority Shareholders' Equity Impact (after tax)763.62-
Total1,488,211.92-

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

☒ Applicable □ Not Applicable

ItemEnd BalanceBeginning BalanceChange RatioMain Reason
Trading Financial Assets125,185,867.5169,334,005.4580.55%Increase due to stock purchases in the secondary market during the reporting period.
Other Receivables13,596,669.619,168,171.5148.30%Increase due to increased business travel advances during the reporting period.
Other Non-Current Assets10,251,776.5630,412,190.39-66.29%Decrease due to reduced prepayments for long-term asset purchases during the reporting period.
Taxes Payable44,830,463.62112,211,111.22-60.05%Decrease in VAT, additional taxes, and corporate income tax compared to the end of last year.
Other Payables8,371,640.8423,520,092.39-64.41%Decrease due to payment of accrued expenses during the reporting period.
Non-Current Liabilities Due Within One Year58,218,259.5242,845,541.8935.88%Reclassification of long-term loans due within one year at the end of the reporting period.
Long-Term Loans442,742,000.00241,500,000.0083.33%Increase due to additional bank loans over one year during the reporting period.
Lease Liabilities10,443,998.1515,793,408.00-33.87%Decrease due to rent payments during the reporting period.
Other Comprehensive Income113,246,816.2784,382,114.6334.21%Increase due to fair value changes of other equity instrument investments during the reporting period.

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