Shanghai Zhongyida Co Ltd A

Zhongyida disclosed its 2026 interim report. First-half operating revenue was 561 million yuan, up 11.90 percent year on year, but net profit attributable to the parent company was 34.73 million yuan, down 12.15 percent year on year, showing higher revenue without higher profit. Deducted non-recurring net profit was 35.32 million yuan, down 8.38 percent year on year, and net cash flow from operating activities was only 7.76 million yuan, plunging 88.25 percent year on year. Income tax expense reached 38.22 million yuan, more than tripling from 10.05 million yuan in the same period last year and becoming the main factor eroding profit. The company's non-current liabilities due within one year reached 781 million yuan, mainly from a 582 million yuan loan from Wengfu Group and a 200 million yuan loan from controlling shareholder Xingrong No. 4 Asset Management Plan, both maturing on January 31, 2027, posing liquidity risk. In addition, subsidiary Chifeng Ruiyang paid back taxes and late fees totaling 23.39 million yuan in July 2026, of which 23.23 million yuan was charged to current-period profit or loss, further squeezing profit.

Zhongyida released its 2026 interim report, with net profit attributable to the parent company of 34.7296 million yuan, a decrease of 12.15% compared with the same period last year. The company's total operating revenue was 561 million yuan, up 11.90% year-on-year; net cash inflow from operating activities was 7.7592 million yuan, down 88.25% year-on-year. The company's latest asset-liability ratio was 85.65%, a decrease of 3.69 percentage points from the same period last year; gross margin was 25.19%, an increase of 4.98 percentage points year-on-year; ROE was 22.32%, a decrease of 14.53 percentage points year-on-year. The company's diluted earnings per share was 0.03 yuan, down 12.20% year-on-year.

Zhongyida disclosed its 2026 semi-annual report. In the first half, it achieved total operating revenue of 561 million yuan, up 11.90% year on year. Net profit attributable to the parent company was 34.7296 million yuan, down 12.15% year on year. Net profit after deducting non-recurring items was 35.3206 million yuan, down 8.38% year on year. Net cash flow from operating activities was 7.7592 million yuan, down 88.25% year on year. During the reporting period, basic earnings per share were 0.0324 yuan, and the weighted average return on net assets was 25.20%, down 20.35 percentage points from the same period last year. The company's main business is the production and sale of fine chemical products.