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Suncha Technology Co Ltd

Suncha Technology Co., Ltd. researches, develops, produces, and sells daily kitchen utensils in China. Its products include chopsticks, cutting boards, spoons and scoops, disposable items, accessories, stainless steel tableware, and cookware. The company was founded in 1995 and is headquartered in Hangzhou, China.

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001211.CS

Suncha Technology's 2026 interim net profit was 7.8596 million yuan, down 24.06% year-on-year

Suncha Technology released its 2026 interim report. The company's total operating revenue was 808 million yuan, and net profit attributable to the parent company was 7.8596 million yuan, down 24.06% from the same period last year. Net cash flow from operating activities was negative 17.6516 million yuan, the asset-liability ratio was 57.11%, the gross margin was 35.32%, and diluted earnings per share were 0.08 yuan, down 42.86% year-on-year. The company had 9,561 shareholders, and the top ten shareholders held 51.94% of the shares.
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001211.CS

Suncha Technology H1 Revenue Up 17.11%

Suncha Technology released its 2026 half-year report, with first-half operating revenue of 808 million yuan, up 17.11% year on year. Net profit attributable to the parent company was 7.86 million yuan, and net profit after deducting non-recurring items was 6.33 million yuan. The company strengthened its omnichannel marketing capabilities, stepped up e-commerce efforts, expanded the restaurant market, and grew revenue from products such as bamboo charcoal. However, due to exchange rate fluctuations, foreign exchange losses increased and financial expenses rose, while e-commerce channel costs also increased, leading to a decline in net profit. The company has built a diversified sales network covering all channels at home and abroad, and has laid out a factory in Vietnam to deepen its foreign trade business. As of the end of the reporting period, the company held 60 invention patents, 49 utility model patents and 106 design patents. Among them, the "Diamond Ceramic" material and bamboo-based cereal-plastic material developed in cooperation with the Ningbo Institute of Materials Technology and Engineering of the Chinese Academy of Sciences show commercial prospects, and Diamond Bamboo pallet products have been sent to prospective customers for testing. Going forward, the company will focus on its core main business, expand into the household consumables sector, and tap the market potential of restaurant scenarios.
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