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Jiangsu Changbao Steeltube Co Ltd

Jiangsu Changbao Steeltube Co., Ltd. manufactures and sells steel tubes in China and internationally. Its product range includes connection tubing and casings, coupling stocks, perforation gun carrier pipes, petroleum tool pipes, drill and green pipes, slotted pipes, boiler tubes, water heater and U-bended tubes, automotive precision tubes, hydraulic cylinder piping, axel tubes, petrochemical tubes, low-temperature-resistant tubes, high-pressure fertilizer tubes, mechanical steel pipes, boom pipes, line pipes, geological drilling pipes, core barrels, rope coring drill pipe materials, gas cylinder pipes, and accumulator tubes. The company also supplies steel pipes for marine engineering, structural purposes, and fluid transmission. Founded in 1958, it is based in Changzhou, China.

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002478.CS

Changbao Shares' 2026 Interim Net Profit Reaches 134 Million Yuan, Down 47.30% Year-on-Year

Changbao Shares released its 2026 interim report, with net profit attributable to the parent company at 134 million yuan, a decrease of 47.30% compared with the same period last year. The company's total operating revenue was 2.872 billion yuan, and net cash inflow from operating activities was 66.5862 million yuan. The latest asset-liability ratio was 31.42%, gross margin was 13.63%, ROE was 2.25%, and diluted earnings per share was 0.15 yuan.
Jiemian·26dRead more →
002478.CS

Changbao Shares first-half 2026 net profit 134 million yuan, down 47.3% year on year

Changbao Shares disclosed its 2026 semi-annual report, with net profit attributable to the parent company of 134 million yuan in the first half, down 47.30% year on year. Total operating revenue for the same period was 2.872 billion yuan, up 2.13% year on year. Net profit after deducting non-recurring items was 158 million yuan, down 27.89% year on year. Net cash flow from operating activities was 66.5862 million yuan, up 5.94% year on year. Basic earnings per share during the reporting period were 0.15 yuan, and the weighted average return on net assets was 2.21%, down 2.24 percentage points year on year.
中国证券报·29dRead more →