Jiujiang Shanshui Technology Co.Ltd

Shanshui Technology released its 2026 interim report. The company's total operating revenue was 477 million yuan, and net profit attributable to the parent company was 85.1598 million yuan. Net cash inflow from operating activities was 38.5089 million yuan. The latest asset-liability ratio was 10.79 percent, up 1.22 percentage points from the previous quarter. The company's latest gross margin was 34.44 percent, latest return on equity was 4.26 percent, and diluted earnings per share was 0.41 yuan. The latest total asset turnover was 0.21 times, and the latest inventory turnover was 2.02 times, down 5.03 percent from the same period last year. The company had 10,700 shareholders, and the top ten shareholders held 147 million shares, accounting for 68.35 percent of total share capital.

Shanshui Technology issued a performance forecast, expecting net profit attributable to shareholders of the listed company for the first half of 2026 to be between 77 million yuan and 95 million yuan, representing a year-on-year increase of 61.17% to 98.84%. The profit growth is mainly due to the orderly release of production capacity for the chloropyridine series products from the IPO-funded project, leading to higher sales volumes and improved gross margins driven by economies of scale. The company's first-quarter net profit was 38 million yuan, implying that second-quarter net profit is expected to grow by 2% to 50% quarter-on-quarter.