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Jiangsu LiXing General Steel Ball Co Ltd

Jiangsu Lixing General Steel Ball Co., Ltd. and its subsidiaries research, develop, manufacture, and sell precision bearing rolling elements in China and internationally. Its products include specialized steel balls for automotive hub bearing units, precision noiseless small and micro steel balls, large precision heavy-duty bearing steel balls, high-precision ceramic balls, high-precision tapered and cylindrical rollers, and ball screws. These products are used in automobiles, precision electrical appliances, large wind turbines, rail transportation, aerospace, and other fields. The company exports its products and was founded in 1989, with headquarters in Rugao, China.

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300421.CS

Lixing Shares' 2026 Interim Report Shows Net Profit Down 43.52%

Lixing Shares released its 2026 interim report, with total operating revenue of 549 million yuan and net profit attributable to the parent company of 21.2136 million yuan, down 43.52% from the same period last year. The company's net cash inflow from operating activities was 44.0284 million yuan, its asset-liability ratio was 34.57%, its gross margin was 15.43%, and its diluted earnings per share was 0.07 yuan. The number of shareholders was 37,700, and the top ten shareholders held 34.02% of the total share capital.
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Lixing Shares' net profit in the first half of 2026 was 21.2136 million yuan, down 43.52% year-on-year

Lixing Shares disclosed its 2026 semi-annual report on August 27. In the first half of the year, it achieved total operating revenue of 549 million yuan, up 2.62% year-on-year; net profit attributable to the parent company was 21.2136 million yuan, down 43.52% year-on-year; non-GAAP net profit was 18.0624 million yuan, down 47.01% year-on-year. Net cash flow from operating activities was 44.0284 million yuan, compared with negative 50.5318 million yuan in the same period last year. Basic earnings per share were 0.0721 yuan, and the weighted average return on equity was 1.64%. The company's main business is the research, development, production and sales of precision bearing rolling elements and special ceramic products.
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