Xingtai Industrial Corrects March and YTD April Revenue Figures Following Accounting Review
Xingtai Industrial has adjusted its revenue recognition timing for subsidiaries following a Q1 2026 accounting review, leading to downward revisions in its March single-month and March-April cumulative revenue announcements.
📋 Article Processing Timeline
- 📰 Published: May 20, 2026 at 06:31
- 🔍 Collected: May 20, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 20, 2026 at 07:34 (1h 2m after Collected)
Reporting Date: May 19, 2026
Company Code: 1235
Company Name: Xingtai
Subject: Correction of the company's March single-month and March-April cumulative revenue announcement.
Explanation:
1. Date of Occurrence: 2026/05/19
2. Company Name: Xingtai Industrial Co., Ltd.
3. Relationship with the company: The company itself.
4. Mutual shareholding ratio: Not applicable.
5. Reason for occurrence: Following the 2026 Q1 review by a certified public accountant, adjustments were made to the timing of revenue recognition for subsidiaries.
6. Items of correction: March 2026 single-month revenue; March-April cumulative revenue.
7. Figures before correction:
March 2026 single-month revenue: 27,060 thousand TWD; cumulative: 66,770 thousand TWD.
April 2026 single-month revenue: 14,862 thousand TWD; cumulative: 81,632 thousand TWD.
8. Figures after correction:
March 2026 single-month revenue: 19,260 thousand TWD; cumulative: 58,970 thousand TWD.
April 2026 single-month revenue: 14,862 thousand TWD; cumulative: 73,832 thousand TWD.
9. Countermeasures: Re-uploading the corrected amounts after releasing a major message on the Market Observation Post System.
10. Other notes: None.
Company Code: 1235
Company Name: Xingtai
Subject: Correction of the company's March single-month and March-April cumulative revenue announcement.
Explanation:
1. Date of Occurrence: 2026/05/19
2. Company Name: Xingtai Industrial Co., Ltd.
3. Relationship with the company: The company itself.
4. Mutual shareholding ratio: Not applicable.
5. Reason for occurrence: Following the 2026 Q1 review by a certified public accountant, adjustments were made to the timing of revenue recognition for subsidiaries.
6. Items of correction: March 2026 single-month revenue; March-April cumulative revenue.
7. Figures before correction:
March 2026 single-month revenue: 27,060 thousand TWD; cumulative: 66,770 thousand TWD.
April 2026 single-month revenue: 14,862 thousand TWD; cumulative: 81,632 thousand TWD.
8. Figures after correction:
March 2026 single-month revenue: 19,260 thousand TWD; cumulative: 58,970 thousand TWD.
April 2026 single-month revenue: 14,862 thousand TWD; cumulative: 73,832 thousand TWD.
9. Countermeasures: Re-uploading the corrected amounts after releasing a major message on the Market Observation Post System.
10. Other notes: None.
FAQ
Why did Xingtai correct its revenue figures?
The correction was due to a review of the revenue recognition timing for subsidiaries during the 2026 Q1 accounting audit.
Will this correction affect the stock price?
It is an adjustment for accounting accuracy and does not necessarily indicate a change in core operational profitability.
What about future financial reports?
The company will continue to adhere to appropriate revenue recognition standards.