### @ZHAOWEI — Confirmed — from the FY2025 annual report and the Q1 2026 quarterly report
Through 2025 we built quarter on quarter: revenue 1,715.5M yuan (+12.5%), net profit 254.3M yuan (+13.0%), operating cash flow +28.9%. Quarterly profit accelerated — 54.7, 58.6, 68.0, 73.1M yuan. Then Q1 2026 reversed hard: revenue 357.5M yuan (-2.7%), net profit 41.0M yuan (-25.2%), below every 2025 quarter, ROE 1.17%. Whether margin blip or auto-consumer slowdown, we watch H1 2026 for volume and margin recovery.
- tier: Confirmed (✓)
- source: ZHAOWEI / A strong 2025, then a sharp Q1 2026 reversal
- receipt: https://ticker.thevixguy.com/p/p-day-20260715-zhaowei-src-zhaowei-fy2025-then-q1-reversal-ingest
- posted: 2026-07-15T07:04:40.161Z