Shanghai Dazhihui Co., Ltd. (Dazhihui) saw a 9.88% year-on-year increase in operating income in the first quarter; however, the net profit attributable to shareholders of the listed company recorded a loss of 29.5854 million yuan (RMB), a decrease of 1344.05% compared to the same period last year.
On April 24th, Dazhihui released its “2026 First Quarter Report.” According to the report, the operating income was 181.49 million yuan, a 9.88% year-on-year increase; the total profit was -28.906 million yuan, a decrease of 913.42% year-on-year; and the net profit attributable to shareholders of the listed company was -29.58544 million yuan, a decrease of 1,344.05% compared to the previous year. Additionally, both the net profit excluding non-recurring gains and losses attributable to shareholders of the listed company and the net cash flow generated from operating activities showed a decline year-on-year, while the basic earnings per share decreased by 1,600.00%.
The report explained the significant loss by stating: “The changes in total profit and net profit attributable to shareholders of the listed company were mainly due to the recognition of investment income of 31.6441 million yuan from the disposal of Shanghai Tianlanlan Investment Management Co., Ltd. (hereinafter referred to as ‘Tianlanlan’) in the previous period, which was not present in the current period.”
According to the “2025 Annual Report” released by Dazhihui on March 21st, in the first quarter of 2025, the company sold 100% equity of its wholly-owned subsidiary Shanghai Tianlanlan Investment Management Co., Ltd., generating an investment income of 31.6441 million yuan, which was not present in the first quarter of this year.
Based on the “2025 Annual Report,” the company’s operating income in 2025 was 827 million yuan, a 7.23% year-on-year increase; however, the net profit attributable to shareholders of the listed company recorded a loss of 44.0257 million yuan. The company explained the loss was due to insufficient revenue growth to cover costs.
Public information shows that Dazhihui is a Chinese internet financial information service company established in the year 2000, headquartered in Shanghai. The company went public on the Shanghai Stock Exchange in 2011. Dazhihui focuses on providing financial data and data analysis services, with core businesses including securities information services, big data and data engineering services, overseas operations, among others.
As of the closing on April 24th, Dazhihui’s stock price was reported at 10.05 yuan per share, marking a decrease of 5.63% and a total market capitalization of 19.991 billion yuan.