China Resources and Environment Co Ltd

China Recycling Resources released its 2026 interim report. Total operating revenue was 1.258 billion yuan, and net profit attributable to the parent company was a loss of 30.69 million yuan, an improvement of 334 million yuan compared with the same period last year, with the loss narrowing. Net cash inflow from operating activities was 593 million yuan, up 110.80 percent year-on-year, marking a second consecutive year of growth. The company's asset-liability ratio was 44.06 percent, down 11.54 percentage points from the same period last year. Gross margin was 4.35 percent, up 25.97 percentage points year-on-year. Return on equity was negative 1.08 percent, up 10.77 percentage points year-on-year. Diluted earnings per share were negative 0.02 yuan, up 0.20 yuan year-on-year. Total asset turnover was 0.23 times, and inventory turnover was 8.79 times. The number of shareholders was 41,500, and the top ten shareholders held 45.83 percent of total share capital.