Aucma Co Ltd

Aucma released its 2026 interim report, with net profit attributable to the parent company at negative 43.0435 million yuan, swinging from profit to loss year-on-year. Total operating revenue was 3.509 billion yuan, down 13.51% from the same period last year. Net cash inflow from operating activities was 234 million yuan, an increase of 400 million yuan compared with the same period last year. The company's latest asset-liability ratio was 72.17%, gross margin was 13.78%, and ROE was negative 2.09%.

Aucma disclosed an earnings forecast, expecting a net loss attributable to the parent of 40 million to 57 million yuan in the first half of 2026, compared with a profit of 37.8547 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 73 million to 90 million yuan, compared with a profit of 36.1518 million yuan in the same period last year. The company said the loss was mainly due to a significant increase in upstream raw material prices, which led to a substantial rise in costs. At the same time, weak domestic market demand, intense competition in end-product pricing, a mismatch between product selling prices and the extent of cost increases, and exchange rate fluctuations leading to higher exchange losses also contributed. Aucma focuses on refrigeration technology research and product manufacturing, and is one of the leading enterprises in China for full cold chain products, equipment, and household appliances.