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Zhejiang Guangsha Co Ltd

Zhejiang Dongwang Times Technology Co., Ltd., together with its subsidiaries, provides energy-saving services and film and television culture solutions in China. Its activities include the energy-saving design, operation, and management of hot water supply systems, as well as investment in film and television. The company was formerly known as Zhejiang Guangsha Co., Ltd. and changed its name to Zhejiang Dongwang Times Technology Co., Ltd. in December 2021. Incorporated in 1993, it is based in Hangzhou, China.

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Price · split & dividend adjusted
News & notes moving 600052.CG
600052.CG

Dongwang Times first-half revenue falls 51%, net loss of 13.73 million yuan

Dongwang Times disclosed its 2026 semi-annual report on August 28. In the first half, it achieved total operating revenue of 177 million yuan, down 51.18% year on year. Net profit attributable to the parent company was a loss of 13.73 million yuan, compared with a profit of 66.51 million yuan in the same period last year. Net profit after deducting non-recurring items was 35.86 million yuan, up 95.50% year on year. During the reporting period, the company's total non-recurring gains and losses were negative 49.59 million yuan, of which fair value changes and disposal gains and losses arising from holding financial assets and financial liabilities were negative 42.49 million yuan. As of the end of the first half, the company's cash and bank balances decreased by 27.17% compared with the end of the previous year, goodwill increased by 4,045.27% compared with the end of the previous year, and the book value of inventory was 45.31 million yuan, accounting for 2.09% of net assets. The company continued to maintain a diversified business layout centered on park lifestyle services and supplemented by film and television cultural content.
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