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Huamei Holding

Zhejiang Huamei Holding CO., LTD. operates in advertising planning and printing-related businesses in China, through two segments: Advertising Planning and Printing Related Business, and Education and Training Business. Its activities include planning cultural and artistic exchange events, exhibition services, publications, packaging and decoration, and other printed materials, as well as wholesale and retail of printing equipment and materials. The company also offers education management, consulting, vocal and dance training, and technology development, transfer, and consulting services. Formerly Zhejiang Huazhi Holdings Co., Ltd., it changed its name to Zhejiang Huamei Holding CO.,LTD. in December 2011, was founded in 1993, and is based in Hangzhou, China.

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Huamei Holdings Releases 2026 Interim Report, Net Loss Narrows to 16.03 Million Yuan

Huamei Holdings released its 2026 interim report, with net profit attributable to the parent company at negative 16.03 million yuan, an improvement of 37.17 million yuan compared with the same period last year, narrowing the loss year on year. The company's total operating revenue was 504 million yuan, and net cash inflow from operating activities was 11.79 million yuan, an increase of 209 million yuan from the same period last year, marking two consecutive years of growth. The latest asset-liability ratio was 55.69 percent, down 0.56 percentage points from the previous quarter. Gross margin was 16.45 percent, up 6.26 percentage points from the previous quarter and up 4.28 percentage points from the same period last year. The latest return on equity was negative 1.34 percent, an improvement of 2.08 percentage points from the same period last year. Diluted earnings per share were negative 0.02 yuan, an improvement of 0.03 yuan from the same period last year. The company had 37,400 shareholders, and the top ten shareholders held 595 million shares, accounting for 58.42 percent of total share capital.
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Huamei Holdings expects net loss attributable to parent of 14 million to 21 million yuan in first half of 2026

Huamei Holdings disclosed an earnings forecast, expecting a net loss attributable to the parent of 14 million to 21 million yuan in the first half of 2026, compared with a loss of 53.2011 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 27 million to 37 million yuan, compared with a loss of 70.6412 million yuan a year earlier. The company said the loss was mainly due to declining revenue from advertising planning, newspaper distribution and other businesses, limited reduction in related costs, and a year-on-year decrease in investment income from associates and wealth management products, as well as government subsidies. However, the loss narrowed from the same period last year, thanks to cost reduction and efficiency improvement, the closure, suspension, merger or transfer of some loss-making businesses, revenue and profit growth in certain operations, and strengthened management of receivables. The impact of non-recurring gains and losses on net profit is expected to be 14 million yuan, mainly from government subsidies and guaranteed returns from media convergence.
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