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Henan Hengxing Science & Technology Co Ltd

Henan Hengxing Science & Technology Co., Ltd. manufactures and sells metal and chemical products in China. Its metal products include galvanized steel wires such as ACSR core wire, galvanized steel strand, stay wire, earth wires, and guy wire, as well as PC strand, brass coated steel wire, steel cord for radial tires, diamond wire, and sawing wire for solar wafer cutting. These are used in automobile tires, rubber hoses, power cables, overhead power lines, high-speed railways, ports, and solar silicon wafer cutting. The company also researches, develops, produces, and sells organic silicon and related products, including DMC, D5, 110 glue, 107 glue, fumed silica, and silicone oil, which are used in construction, new energy, electronic appliances, electric power, the automobile industry, rail and railway transportation, medical treatment, personal care, and other industries. Founded in 1995, it is headquartered in Gongyi, China.

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002132.CS

Hengxing Technology's 2026 interim report shows net profit of 84.1018 million yuan

Hengxing Technology released its 2026 interim report. During the reporting period, the company achieved total operating revenue of 2.714 billion yuan, net profit attributable to the parent company of 84.1018 million yuan, and net cash inflow from operating activities of 319 million yuan. The company's latest asset-liability ratio was 54.21%, gross margin was 12.24%, down 0.37 percentage points from the previous quarter, and return on equity was 2.35%. Diluted earnings per share were 0.06 yuan, total asset turnover was 0.35 times, and inventory turnover was 3.06 times. The number of shareholders was 73,000, and the top ten shareholders held 461 million shares, accounting for 32.92% of the total share capital.
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002132.CS

Hengxing Technology expects first-half 2026 net profit to rise 250.87% to 426.30% year-on-year

Hengxing Technology announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 75 million yuan and 113 million yuan, representing a year-on-year increase of 250.87% to 426.30%. The company conducted a preliminary impairment test on current assets such as inventories that showed signs of impairment as of June 30, 2026, and will make corresponding impairment provisions, which will have a certain impact on first-half profits. Benefiting from improvements in the market environment and the industry supply-demand structure, prices of major products in the silicone industry have rebounded, enhancing the company's profitability during the reporting period to some extent.