Aeolus Tyre Co Ltd

Aeolus Tyre has released its 2026 interim report. Total operating revenue was 3.8 billion yuan, up 8.02% year on year, and net profit attributable to the parent company was 106 million yuan, up 3.30% year on year. Net cash flow from operating activities was negative 52.58 million yuan, an improvement of 73.01 million yuan compared with the same period last year. The company's asset-liability ratio was 48.97%, down 4.91 percentage points year on year. Gross margin was 14.28%, return on equity was 2.29%, and diluted earnings per share were 0.12 yuan. Total asset turnover was 0.45 times, and inventory turnover was 2.49 times, up 10.83% year on year. The number of shareholders was 21,500, and the top ten shareholders held 61.42% of total share capital.

Aeolus Tyre published its 2026 interim report on August 28. First-half operating revenue was 3.8 billion yuan, up 8.0% year on year; attributable net profit was 106 million yuan, up 3.3% year on year; attributable net profit excluding non-recurring items was 105 million yuan, up 14.5% year on year; net operating cash flow was negative 52.58 million yuan, an improvement of 58.1% year on year; earnings per share were 0.1195 yuan. In the second quarter, operating revenue was 2.01 billion yuan, up 6.5% year on year, while attributable net profit was 55.44 million yuan, down 25.8% year on year. As of the end of the second quarter, total assets were 9.105 billion yuan, up 14.3% from the end of the previous year, and attributable net assets were 4.646 billion yuan, up 32.0% from the end of the previous year. The company said it actively advanced product mix upgrades and market optimization in the first half. Domestic market operating revenue grew 5.44%, overseas market operating revenue rose 12.58% year on year, and it achieved a landmark breakthrough in giant engineering radial tires. Management also noted that the company completed a private placement during the reporting period. Although earnings per share and the weighted average return on equity declined, overall strategic positioning and technological innovation made significant progress, which is expected to lay a foundation for performance growth in the second half of the year.