Youyan New Material Reports 60.72% Revenue Growth in Q1 2026, Net Profit Up 31%

Published: Apr 30, 2026 17:54

Save

Youyan New Material announced that it achieved revenue of 2.957 billion yuan in Q1 2026, up 60.72% YoY. Net profit attributable to shareholders of the publicly listed firm was 88.2711 million yuan, up 31.00% YoY. Basic earnings per share were 0.104 yuan. The report indicated that the change in revenue was mainly attributable to the increase in revenue of its controlled subsidiaries GRINM Advanced Materials and Youyan Rare Earth, as well as the increase in total profit.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

China's Thorium Ore Imports Decline 5% in Q1 2026, Unlisted Rare Earth Oxides Surge 242% YoY

2 hours ago

Pr-Nd Oxide Market Recovers After Initial Decline, Prices Stabilize Above 770,000 Yuan/mt

2 hours ago

Rare Earth Oxide Production Declines in April, Scrap Recycling Disruptions Impact Supply

In April, rare earth oxide production showed a slight overall decline, with all major products seeing varying degrees of MoM reduction. Supply-side disruptions became one of the market's key focal points for the month.

2 hours ago