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Shengtak New Material Co Ltd

Shengtak New Material Co., Ltd researches, develops, produces, and sells seamless steel pipes for industrial energy equipment in China and internationally. Its products include cold rolled precision steel tubes, cold-drawn low-carbon tubes, fluid transportation tubes, integrated spiral finned tubes, rifled tubes, seamless steel tubes, shaped tubes, stainless-steel tubes, and stainless steel-carbon steel composite pipes, as well as pressure-welded steel gratings and ball joint railings. The company serves power station boiler equipment manufacturing, energy equipment manufacturing, petroleum refining, and other industries. Founded in 2001, it is based in Changzhou, China.

Price · split & dividend adjusted
News & notes moving 300881.CS
300881.CS3

Shengde Xintai's 2026 interim net profit falls 28.74% year-on-year

Shengde Xintai released its 2026 interim report, with net profit attributable to the parent company at 60.259 million yuan, down 28.74% from the same period last year. Total operating revenue was 1.648 billion yuan, and net cash outflow from operating activities was 160 million yuan. The latest asset-liability ratio was 63.94%, gross margin was 10.93%, and diluted earnings per share was 0.55 yuan.
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