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Yangzhou Seashine New Materials Co

Yangzhou Seashine New Materials Co., Ltd. is a Chinese company that researches, develops, produces, and sells powder metallurgy products. Its product range includes power tool parts such as gears, bearings, structural components, and gearboxes, as well as automotive parts including CVVL systems, engine rotors, mechanical vacuum pumps, oil pump rotors, gear hubs, sprockets, shock absorbers, charging guns, scroll wheel knobs, brake friction pads, and oil-impregnated bearings. The company also supplies home appliance parts, one-way bearings, magnetic rings, and gearbox rotor assemblies, and is involved in manufacturing core radio frequency components, technical services, wholesale trade, and investment activities. Its products serve power tools, automobiles, office equipment, home appliances, and construction machinery, and are exported internationally. Founded in 2001, the company is headquartered in Yangzhou, China.

Price · split & dividend adjusted
News & notes moving 300885.CS
300885.CS

Haichang New Materials first-half 2026 net profit reaches 43.9525 million yuan, up 42.97% year on year

Haichang New Materials disclosed its 2026 semi-annual report. In the first half, total operating revenue reached 274 million yuan, up 98.62% year on year. Net profit attributable to the parent company was 43.9525 million yuan, up 42.97% year on year. Net profit after deducting non-recurring items was 42.9124 million yuan, up 50.16% year on year. Net cash flow from operating activities was 38.5969 million yuan, up 13.06% year on year. Basic earnings per share were 0.1771 yuan, and the weighted average return on equity was 4.81%. Based on the closing price on August 24, the company's price-to-earnings ratio was about 72.52 times, price-to-book ratio about 5.43 times, and price-to-sales ratio about 12.31 times.
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