Chengdu Rainbow Appliance Gr

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Rainbow Group's 2026 interim net profit was 23.4412 million yuan, down 60.02% year-on-year

Rainbow Group released its 2026 interim report, with net profit attributable to the parent company of 23.4412 million yuan, down 60.02% from the same period last year. The company's total operating revenue was 554 million yuan, and net cash inflow from operating activities was 84.3375 million yuan. The latest asset-liability ratio was 22.45%, and the gross margin was 41.15%, down 2.51 percentage points from the same period last year. Diluted earnings per share were 0.22 yuan, down 60.03% from the same period last year.

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Rainbow Group's first-half net profit attributable to parent falls 60% year on year to 23.44 million yuan

Rainbow Group released its 2026 half-year report, with net profit attributable to the parent plunging 60% year on year to 23.44 million yuan. In the first half, the company's operating revenue was 554 million yuan, up 2.2% year on year; net profit attributable to the parent after deducting non-recurring items was 22.46 million yuan, down 58.9% year on year; and net operating cash flow was 84.34 million yuan, up 638.8% year on year. In the second quarter alone, net profit attributable to the parent was just 4.35 million yuan, down 84.2% year on year. The company said the profit decline was mainly because concentrated investment in online marketing resources caused selling expenses to rise faster than revenue, while revenue from household flexible heating products edged down 1.09% year on year, and revenue from household sanitary insecticide products grew 9.27% year on year.

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Small Appliance Sector Gains in Intraday Trading, Institutions Say Industry Shifts to Value Enhancement Stage

The small appliance sector rose 3.16% in intraday trading on July 27, with Breo up 14.55%, Joyoung up 6.44%, Rainbow Group up 5.77%, Ousheng Electric up 4.58%, and Roborock up 4.52%. According to AVC data, in the first half of 2026, omni-channel retail sales of kitchen small appliances fell 4.8% year-on-year, retail volume dropped 14.6% year-on-year, but the average price rose 11.5% year-on-year to 260 yuan. China Galaxy Securities noted that in 2026, the small appliance industry continues to see declining volume and rising prices, with product structure upgrades remaining the core theme. Driven by trends such as titanium materials, AI smart applications, and multi-function integration, structural upgrades are expected to continuously broaden application scenarios, support average price increases, and improve profitability. Guojin Securities pointed out that the industry is shifting from scale expansion to a value enhancement stage. Against the backdrop of continued national subsidy policies, the demand-side pull effect is tending to weaken marginally, but companies with technological iteration capabilities that can deeply integrate AI interaction, new material applications, and scenario-based functions are expected to continue benefiting from average price increases and brand premiums.

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21世纪经济·31dRead more ▾

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Rainbow Group Expects First-Half Net Profit Attributable to Parent to Fall 57.36% to 64.18% Year-on-Year

Rainbow Group issued an announcement, expecting net profit attributable to the parent in the first half of 2026 to be between 21 million yuan and 25 million yuan, a decline of 57.36% to 64.18% compared with the same period last year. The main reason for the change in performance is that the company's operations remain under pressure, offline market demand is weak, and consumption is shifting online, leading the company to increase investment in marketing resources such as online promotion. Selling expenses rose year-on-year, thereby squeezing profit margins.

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