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Yantai Zhenghai Magnetic Mat

Yantai Zhenghai Magnetic Material Co., Ltd. researches, develops, manufactures, and sells rare earth permanent magnet materials and components in the People's Republic of China. The company operates clean rooms of various classes and laboratories for magnetic property, dimension, shape, and reliability testing, and also offers surface treatment technology. Its products are used in applications such as vehicles, wind turbines, elevators, home appliances, automation, and electronics. Incorporated in 2000, the company is based in Yantai, China.

Price · split & dividend adjusted
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Zhenghai Magnetic Materials reports net profit of 137 million yuan in 2026 interim results

Zhenghai Magnetic Materials has released its 2026 interim report. Total operating revenue was 3.454 billion yuan, net profit attributable to the parent company was 137 million yuan, and net cash inflow from operating activities was 150 million yuan. The company's latest asset-liability ratio was 47.49 percent, gross margin was 12.50 percent, down 0.24 percentage points from the previous quarter, and return on equity was 2.68 percent, down 0.22 percentage points from the same period last year. Diluted earnings per share were 0.15 yuan, total asset turnover was 0.36 times, and inventory turnover was 1.39 times, down 7.75 percent year on year. The company had 75,500 shareholders, and the top ten shareholders held 44.33 percent of total share capital.
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