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Jiangsu Huahong Technology Co Ltd

Jiangsu Huahong Technology Co., Ltd. manufactures and sells renewable resource processing equipment in China and internationally. Its products include scrap metal balers, shears, shredders, waste automobile dismantling equipment, non-metal balers, compactors, briquetting presses, wastepaper and unpacking machines, box shears, strapping balers, and household garbage products. The company also manufactures and sells elevator components, engages in comprehensive recycling and utilization of neodymium iron boron scrap, and conducts research, development, and sales of magnetic materials. Its products serve national circular economy parks, national urban renewable resource bases, steel and nonferrous metal enterprises, waste steel processing centers, and household garbage processing centers. Founded in 2004, the company is based in Jiangyin, China.

Price · split & dividend adjusted
News & notes moving 002645.CS
002645.CS

Huahong Technology Releases 2026 Interim Report with Net Profit of 343 Million Yuan

Huahong Technology has released its 2026 interim report, with net profit attributable to the parent company of 343 million yuan. The company's total operating revenue was 5.596 billion yuan, and net cash inflow from operating activities was 484 million yuan. The latest asset-liability ratio was 38.80 percent, up 2.04 percentage points from the previous quarter; gross margin was 13.66 percent, down 2.55 percentage points from the previous quarter; ROE was 7.90 percent. Diluted earnings per share were 0.46 yuan, total asset turnover was 0.78 times, and inventory turnover was 1.92 times. The company had 65,400 shareholders, and the top ten shareholders held 376 million shares, accounting for 49.97 percent of total share capital.
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