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Hengdian Group DMEGC Magnetics Co Ltd

Hengdian Group DMEGC Magnetics Co., Ltd. is a Chinese company that, along with its subsidiaries, supplies magnetic materials, photovoltaic products, lithium batteries, and devices both in China and internationally. Its product range includes permanent magnets, ferrite components, magnetic sheets and assemblies, solar modules and cells, lithium battery cells and energy storage modules, cemented carbide products, inductance components, vibration motors, and RF devices. The company also engages in trade brokerage, investment and agency services, piped gas activities, scientific research and technical services, and power engineering. Founded in 1980 and headquartered in Dongyang, China, it operates as a subsidiary of Hengdian Group Holding Co., Ltd.

Price · split & dividend adjusted
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002056.CS

Hengdian Group DMEGC Magnetics reports first-half 2026 net profit of 948 million yuan, down 7.03% year on year

Hengdian Group DMEGC Magnetics released its 2026 interim report, with net profit attributable to the parent company of 948 million yuan, a decrease of 7.03% compared with the same period last year. The company's total operating revenue was 12.342 billion yuan, up 3.41% year on year, marking a second consecutive year of growth. Net cash inflow from operating activities was 729 million yuan, down 57.12% year on year. The company's latest asset-liability ratio was 61.43%, gross margin was 15.70%, return on equity was 8.94%, and diluted earnings per share was 0.59 yuan.
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