Sichuan Lutianhua Co Ltd

Lutianhua released its 2026 interim report, with net profit attributable to the parent company of 8.28 million yuan, down 75.83% from the same period last year. Total operating revenue was 2.19 billion yuan, a year-on-year decrease of 8.03%. Net cash inflow from operating activities was 289 million yuan, an increase of 292 million yuan compared with the same period last year. The company's latest asset-liability ratio was 28.61%, gross margin was 10.18%, ROE was 0.13%, and diluted earnings per share was 0.01 yuan.

Lutianhua disclosed its earnings forecast, expecting attributable net profit for the first half of 2026 to be between 7 million and 10 million yuan, a year-on-year decline of 70.54% to 79.37%. Deducted non-recurring net loss is projected at 12 million to 15 million yuan, compared with a profit of 14.3808 million yuan in the same period last year. Basic earnings per share are estimated at 0.0045 to 0.0064 yuan. The company said the sharp decline in performance was mainly due to a year-on-year decrease in sales volume of major products, as well as reduced interest income and investment income resulting from fewer purchases of structured deposits and wealth management products.