Zhejiang Yankon Group Co Ltd

Yankon Lighting released its 2026 interim report, with net profit attributable to the parent company of 49.3945 million yuan, a decrease of 48.84% compared with the same period last year. The company's total operating revenue was 1.304 billion yuan, down 1.67% year-on-year; net cash inflow from operating activities was 19.5071 million yuan, down 69.74% year-on-year. The latest asset-liability ratio was 32.16%, gross margin was 33.68%, ROE was 1.46%, and diluted earnings per share was 0.04 yuan. The number of shareholders was 39,100, and the top ten shareholders held 682 million shares, accounting for 51.07% of the total share capital.

Yankon Lighting released its 2026 half-year report, with net profit attributable to shareholders of 49.39 million yuan in the first half, down 48.8% year on year. Operating revenue was 1.3 billion yuan, down 1.7% year on year. Net profit attributable to shareholders excluding non-recurring items was 29.34 million yuan, down 45.9% year on year. Net operating cash flow was 19.51 million yuan, down 69.7% year on year. In the second quarter, operating revenue was 645 million yuan, up 0.9% year on year, and net profit attributable to shareholders was 42.15 million yuan, up 14.7% year on year, but net profit excluding non-recurring items was 8.78 million yuan, down 62.8% year on year. The company said that affected by weak overseas demand, global supply chain adjustments and the continued downturn in China's property market, the lighting industry remains under pressure and adjustment. According to data from the China Association of Lighting Industry, operating revenue of enterprises above designated size rose slightly by about 2% year on year, while cumulative profit fell 19.6%.