Hunan Nanling Industrial Explosive Materials Co Ltd

Yipuli released its 2026 interim report. The company's total operating revenue was 3.967 billion yuan, down 15.81% year-on-year. Net profit attributable to the parent company was 327 million yuan, down 19.87% year-on-year. Net cash inflow from operating activities was 186 million yuan, a sharp year-on-year decline of 64.95%. The company's asset-liability ratio was 31.54%, gross margin was 22.44%, ROE was 4.04%, and diluted earnings per share was 0.26 yuan. The number of shareholders was 29,500, and the top ten shareholders held 76.69% of the total share capital.

Yipuli, stock code 002096, disclosed its semi-annual report for 2026 on August 29. In the first half of the year, it achieved total operating revenue of 3.967 billion yuan, a year-on-year decrease of 15.81 percent. Net profit attributable to the parent company was 327 million yuan, down 19.87 percent year-on-year. Net profit after deducting non-recurring items was 316 million yuan, down 20.97 percent. Net cash flow from operating activities was 186 million yuan, down 64.95 percent. The company continues to focus on integrated civil explosives business, deepening its presence in the blasting engineering services market, while also laying out businesses in military security, civil explosives equipment, and core raw materials. As of the end of the first half, the company's notes receivable and accounts receivable increased by 14.02 percent compared with the end of the previous year, notes payable and accounts payable increased by 25.5 percent, and short-term borrowings decreased by 91.51 percent.