000716.CS▲
Black Sesame's first-half net profit reached 31.2836 million yuan, up 302.85% year on year
Black Sesame disclosed its 2026 semi-annual report on August 29. In the first half of the year, it achieved total operating revenue of 1.192 billion yuan, up 28.47% year on year. Net profit attributable to the parent company was 31.2836 million yuan, up 302.85% year on year. Net profit after deducting non-recurring items was 31.0131 million yuan, turning from a loss to a profit compared with the same period last year. Net cash flow from operating activities was 183 million yuan, compared with negative 32.6217 million yuan in the same period last year. Basic earnings per share were 0.0419 yuan, and the weighted average return on net assets was 1.25%. The company's main businesses include instant beverages, black leisure foods, black beverages and porridge products, rice processing, and e-commerce operations.
000716.CS▲
Black Sesame's first-half net profit attributable to parent rises 302.9% year on year to 31.28 million yuan
Black Sesame released its 2026 interim report. First-half net profit attributable to the parent rose 302.9% year on year to 31.28 million yuan, while operating revenue was 1.19 billion yuan, up 28.5% year on year. Net profit attributable to the parent excluding non-recurring items swung from a loss of 4.28 million yuan in the same period last year to a profit of 31.01 million yuan. Net operating cash flow was 183 million yuan, up 662.4% year on year. In the second quarter, operating revenue was 546 million yuan, up 12.3% year on year, but net profit attributable to the parent was a loss of 1.62 million yuan, down 129.3% year on year. As of the end of the second quarter, total assets were 4.362 billion yuan, down 5.0% from the end of the previous year, while net assets attributable to the parent were 2.527 billion yuan, up 1.3% from the end of the previous year. The company said its main business focuses on the health food industry, with instant beverages, black leisure foods and black beverages all achieving growth. Among them, black leisure foods are expected to maintain a relatively high growth rate over the next five years.
000716.CS▼
Securities regulators impose administrative penalties on five A-share companies on the same day for financial fraud and fund misappropriation
On July 17, securities regulators issued administrative penalty decisions or advance notices to five A-share companies on the same day. ST Hulubao, ST Yingfei, and ST Guangtang were involved in financial fraud, while ST Xinhuajin and Black Sesame were involved in fund misappropriation. ST Hulubao was fined 7 million yuan by the Hainan Securities Regulatory Bureau for false records in its 2023 annual report and 2024 semi-annual report, with responsible individuals fined a total of 14.5 million yuan. ST Yingfei faces a proposed fine of 5.5 million yuan from the Shenzhen Securities Regulatory Bureau because its subsidiary inflated revenue and profits, with nine responsible individuals facing proposed fines totaling 12 million yuan. ST Guangtang faces a proposed fine of 4 million yuan from the Guangxi Securities Regulatory Bureau due to false records in its annual report caused by cross-period revenue recognition at its subsidiary, with five responsible individuals facing proposed fines totaling 5.3 million yuan. ST Xinhuajin faces a proposed fine of 4.55 million yuan from the Qingdao Securities Regulatory Bureau for failing to disclose in a timely manner cumulative non-operating fund misappropriation by related parties amounting to 3.936 billion yuan. Its actual controller Zhang Jianhua faces a proposed fine of 6.1 million yuan, and seven other responsible individuals face proposed fines totaling 7.15 million yuan. Black Sesame was fined 1.8 million yuan by the Guangxi Securities Regulatory Bureau because its subsidiary had 186 million yuan of funds misappropriated by related parties for non-operating purposes without disclosure. Its then actual controller Wei Qingwen was fined 5 million yuan, and three other responsible individuals were fined a total of 1.9 million yuan. Experts interviewed said that multiple companies receiving penalties on the same day shows that regulators have achieved routine inspections and batch processing of listed companies' violations, sending a regulatory signal of zero tolerance, full coverage, and full accountability.
000716.CS▼
Black Sesame and former chairman Wei Qingwen penalized by Guangxi Securities Regulatory Bureau for information disclosure violations
Black Sesame and former chairman Wei Qingwen along with other relevant parties have received an administrative penalty decision from the Guangxi Securities Regulatory Bureau. Upon investigation, the company was found to have committed two violations: failure to timely disclose non-operational fund occupation by related parties, and material omissions in its 2023 annual report. The Guangxi Securities Regulatory Bureau ordered Black Sesame to rectify the issues, issued a warning, and imposed a fine of 1.8 million yuan. Wei Qingwen was given a warning and fined 5 million yuan, of which 3.6 million yuan was imposed in his capacity as the actual controller, and 1.4 million yuan as the directly responsible supervisor. Li Weichang, then vice chairman, vice president, and chief financial officer, was given a warning and fined 900,000 yuan. Li Wenquan, then director and president, was given a warning and fined 500,000 yuan. Zhou Miaohuai, then director, vice president, and board secretary, was given a warning and fined 500,000 yuan.
Black Sesame Board Secretary Zhou Miaohuai Resigns, Remains Vice Chairman and Vice President
Black Sesame announced that Zhou Miaohuai has applied to resign as board secretary of the company, with the resignation taking effect upon delivery of the resignation report to the board. After stepping down as board secretary, Zhou will continue to serve as a director, vice chairman, and vice president of the company. In the first quarter of 2026, Black Sesame achieved revenue of 646 million yuan and net profit attributable to the parent of 32.9 million yuan.
000716.CS▲
Black Sesame forecasts first-half 2026 net profit up 221.94% to 312.08% year-on-year
Black Sesame announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 25 million yuan and 32 million yuan, representing a year-on-year increase of 221.94% to 312.08%. The change in performance is mainly due to sales revenue increasing by approximately 260 million yuan year-on-year, gross profit increasing by approximately 60 million yuan year-on-year, while administrative expenses decreased by approximately 12 million yuan year-on-year. The company's net profit for the first quarter was 33 million yuan, and net profit for the second quarter is expected to be a loss of between 1 million yuan and 8 million yuan, turning from profit to loss quarter-on-quarter.
China