Shenzhen Jinjia Color Printing Group Co Ltd

Jinja Co. released its 2026 interim report, with net profit attributable to the parent company of 48.27 million yuan, down 60.49% from the same period last year. Total operating revenue was 1.59 billion yuan, up 28.40% year-on-year, but net profit fell by 73.90 million yuan. Net cash outflow from operating activities was 158 million yuan, an increase of 150 million yuan compared with the same period last year. The company's latest asset-liability ratio was 18.87%, gross margin was 14.15%, return on equity was 0.77%, and diluted earnings per share was 0.03 yuan.

JinJia Group disclosed its semi-annual report for 2026. In the first half of the year, total operating revenue reached 1.59 billion yuan, up 28.40% year-on-year, but net profit attributable to the parent company was 48.2697 million yuan, down 60.49% year-on-year. Non-GAAP net profit was 39.7296 million yuan, down 60.67% year-on-year, and net cash flow from operating activities was negative 158 million yuan, compared with negative 308 million yuan in the same period last year. During the reporting period, basic earnings per share were 0.03 yuan, and the weighted average return on equity was 0.78%. The company's main businesses are premium paper packaging, new materials products, and new-type tobacco products.

Jinjia Group disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 1.59 billion yuan, up 28.4% year-on-year, but net profit attributable to shareholders of the listed company was 48.2697 million yuan, down 60.49% year-on-year, with basic earnings per share of 0.03 yuan. By business segment, premium paper packaging revenue fell 25.63% year-on-year, new materials revenue rose 30.62% year-on-year, and new tobacco business revenue surged 166.96% year-on-year.

JinJia Group disclosed arbitration progress involving its controlling shareholder and actual controller, with the total enforcement amount for two cases exceeding 500 million yuan. In the first case, a ruling was made to freeze and transfer over 275 million yuan in bank deposits plus interest from Qiao Luyu, JinJia Venture Capital, and other enforcement subjects, with corresponding assets to be sealed if the deposits are insufficient. In the second case, a ruling was made to seal, freeze, and seize over 231 million yuan in assets plus delayed interest from JinJia Investment Holdings and JinJia Venture Capital. To date, the controlling shareholder, its concert parties, and the actual controller are involved in a total of 21 major lawsuits, arbitrations, and judicial enforcement cases, with the total amount involved reaching 6.44 billion yuan. The company expects a net profit attributable to the parent company of 40 million to 60 million yuan for the first half of 2026, a year-on-year decline of 50.89% to 67.26%, mainly due to reduced investment income from associates and a decline in premium paper packaging revenue. In addition, part of the shares held by the controlling shareholder JinJia Venture Capital will be subject to judicial auction, with multiple auction announcements having been made since December 2025.

Jin Jia Shares announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 40 million yuan and 60 million yuan, a year-on-year decline of 50.89% to 67.26%. The change in performance is mainly due to a decrease in investment income caused by lower profits at associated companies, as well as a decline in revenue and gross profit from premium paper packaging products. The company's net profit for the first quarter was 37 million yuan, implying that second-quarter net profit is expected to drop by 35% to 90% quarter-on-quarter.