Hubei Jiuzhiyang Infrared System Co Ltd

Jiuzhiyang released its 2026 interim report, showing total operating revenue of 198 million yuan, up 0.10% year-on-year, and net profit attributable to the parent of 13.7723 million yuan, up 46.05% year-on-year. Net cash inflow from operating activities was 219 million yuan, up 35.69% year-on-year. The company's asset-liability ratio was 28.52%, gross margin was 21.87%, ROE was 1.05%, and diluted earnings per share was 0.05 yuan. The number of shareholders was 26,500, and the top ten shareholders held 70.63% of the total share capital.

Jiuzhiyang released its 2026 half-year report, with first-half net profit attributable to the parent of 13.77 million yuan, up 46.1% year on year. Operating revenue was 198 million yuan, up 0.1% year on year. Net profit attributable to the parent after deducting non-recurring items was 7.52 million yuan, down 10.3% year on year. Net operating cash flow was 219 million yuan, up 35.7% year on year. Earnings per share were 0.0547 yuan. In the second quarter, operating revenue was 150 million yuan, up 14.7% year on year. Net profit attributable to the parent was 28.9 million yuan, up 88.4% year on year. Net profit attributable to the parent after deducting non-recurring items was 23.1 million yuan, up 52.5% year on year. As of the end of the second quarter, total assets were 1.828 billion yuan, down 4.4% from the end of the previous year. Net assets attributable to the parent were 1.307 billion yuan, up 0.4% from the end of the previous year. The company's main businesses include infrared thermal imagers, laser sensors, optical components and coating, and star trackers. During the reporting period, the infrared thermal imaging industry developed steadily, and the laser sensor industry showed good growth potential.

Jiuzhiyang recently received a total of 6 million yuan in government grants related to earnings, accounting for 24.83% of the company's most recent audited net profit attributable to the parent company. The grant will be recorded as other income and is expected to increase the company's total profit for 2026 by 6 million yuan. In the first quarter of 2026, Jiuzhiyang achieved revenue of 48.11 million yuan, with a net loss attributable to the parent company of 15.12 million yuan.