Shanghai Kangda New Materials Co Ltd

Kangda New Materials released its 2026 interim report, with net profit attributable to the parent company of 28.6779 million yuan, down 43.96% from the same period last year. Total operating revenue was 2.767 billion yuan, up 22.53% year on year, achieving five consecutive years of growth. Net cash flow from operating activities was negative 375 million yuan, an increase of 143 million yuan compared with the same period last year. The company's latest asset-liability ratio was 69.02%, gross margin was 12.60%, ROE was 1.05%, and diluted earnings per share was 0.10 yuan.

Kangda New Materials disclosed its 2026 semi-annual report. In the first half, total operating revenue reached 2.767 billion yuan, up 22.53% year-on-year, but net profit attributable to the parent was 28.6779 million yuan, down 43.96% year-on-year. Non-recurring net profit was 18.119 million yuan, down 42.12% year-on-year, and net cash flow from operating activities was negative 375 million yuan, compared with negative 518 million yuan in the same period last year. During the reporting period, basic earnings per share were 0.099 yuan, and the weighted average return on equity was 1.03%, down 0.85 percentage points year-on-year. The company's main business layout consists of three segments: adhesives and specialty resin new materials, electronic information materials, and electronic technology.