Anhui Huamao Textile Co Ltd

Huamao Shares released its 2026 interim report, with net profit attributable to the parent company at negative 13.66 million yuan, swinging from profit to loss year-on-year and down 114.16 percent. Total operating revenue was 1.757 billion yuan, up 9.65 percent year-on-year. Net cash flow from operating activities was negative 105 million yuan, a decrease of 56.13 million yuan compared with the same period last year. The company's latest asset-liability ratio was 37.81 percent, gross margin was 13.16 percent, and return on equity was negative 0.30 percent.

Huamao Shares disclosed its 2026 semi-annual report. In the first half of the year, total operating revenue reached 1.757 billion yuan, up 9.65 percent year on year. Net profit attributable to the parent company was a loss of 13.6639 million yuan, compared with a profit of 96.5048 million yuan in the same period last year. Net profit after deducting non-recurring items was 61.5683 million yuan, up 133.64 percent year on year. Net cash flow from operating activities was negative 105 million yuan, compared with negative 48.585 million yuan in the same period last year. Basic earnings per share was negative 0.015 yuan, and the weighted average return on equity was negative 0.29 percent.

Huamao Shares disclosed its earnings forecast, expecting a net loss attributable to the parent company of 10 million to 20 million yuan in the first half of 2026, compared with a profit of 96.5048 million yuan in the same period last year. Deducted non-recurring net profit is expected to be 50 million to 70 million yuan, a year-on-year increase of 89.74% to 165.64%. Basic earnings per share are between negative 0.011 yuan and negative 0.022 yuan. The company stated that the profitability of its main textile business has significantly improved year-on-year, but due to changes in fair value of held-for-trading financial assets and investment income, the net profit attributable to the parent company has declined substantially.