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Kangping Technology (Suzhou) Co. Ltd.

Kangping Technology (Suzhou) Co., Ltd. and its subsidiaries research, design, develop, produce, and sell motors, power tools, and related products in China and internationally. Its offerings include motors, power tools, precision hardware components, plastic parts, battery packs, and electric tricycles, as well as machining and injection-molded products. These products serve construction, road building, home renovation, woodworking, metal processing, shipbuilding, aerospace, automotive, and horticulture applications. The company exports its products and was founded in 2004, with headquarters in Suzhou, China.

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Kangping Technology's 2026 interim net profit was 34.01 million yuan, down 23.26% year-on-year

Kangping Technology released its 2026 interim report, with net profit attributable to the parent company of 34.01 million yuan, down 23.26% from the same period last year. The company's total operating revenue was 1.144 billion yuan, and net cash outflow from operating activities was 276 million yuan, down 499.04% from the same period last year. The latest asset-liability ratio was 67.59%, up 3.94 percentage points from the previous quarter and up 27.35 percentage points from the same period last year. The company's latest gross margin was 19.33%, and the latest return on equity was 4.24%, down 1.32 percentage points from the same period last year. Diluted earnings per share were 0.35 yuan, down 23.27% from the same period last year.
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