Shanghai Shenda Co Ltd

Shenda Co., Ltd. released its 2026 interim report, showing total operating revenue of 5.06 billion yuan and net profit attributable to the parent company of 37.27 million yuan, an increase of 90.90 million yuan compared with the same period last year, achieving a turnaround from loss to profit. Net cash inflow from operating activities was 277 million yuan, up 75.55 percent year-on-year. The company's asset-liability ratio was 64.71 percent, gross margin was 9.48 percent, return on equity was 1.16 percent, and diluted earnings per share was 0.03 yuan. The number of shareholders was 41,000, and the top ten shareholders held 59.84 percent of total share capital.

Shenda Corporation released its 2026 semi-annual report on August 26. During the reporting period, it achieved operating revenue of 5.062 billion yuan, down 3.29 percent year on year. Net profit attributable to shareholders of the listed company was 37.2666 million yuan, compared with a loss of 53.6366 million yuan in the same period last year, marking a turnaround to profitability. Basic earnings per share were 0.0282 yuan. The profit growth was mainly due to the notable results of its globally deployed multinational operations, with overseas business profitability rising substantially. Among these, Auria recorded a total profit of 19.02 million yuan, turning from loss to profit, and the company's 35 percent stake in the U.S.-based NYX generated investment income of 58.3724 million yuan, up 30.41 percent year on year. In addition, the effect of financial structure optimization was prominent, with foreign exchange gains and losses improving significantly year on year and period expenses falling 21.39 percent year on year.

Shenda Corporation released its 2026 interim report on August 26. First-half operating revenue was 5.06 billion yuan, down 3.3 percent year on year. Net profit attributable to the parent swung to a profit of 37.27 million yuan, compared with a loss of 53.64 million yuan in the same period last year. Net profit attributable to the parent after deducting non-recurring items also swung to a profit of 34.39 million yuan, compared with a loss of 60.87 million yuan a year earlier. Net operating cash flow was 277 million yuan, up 75.6 percent year on year, and earnings per share were 0.0282 yuan. In the second quarter, operating revenue was 2.7 billion yuan, down 3.3 percent year on year, while net profit attributable to the parent was 49.18 million yuan, compared with a loss of 1.33 million yuan a year earlier. As of the end of the second quarter, total assets were 10.157 billion yuan, down 0.8 percent from the end of the previous year, and net assets attributable to the parent were 3.21 billion yuan, down 1.4 percent. The company noted that in its automotive interiors and acoustic components business, sales from new energy projects accounted for more than 96 percent of the total, up 26 percent year on year, with overseas operations performing particularly well. In the textile new materials business, total profit declined due to rising raw material prices and intensifying competition. In the import and export trade business, revenue fell because of shrinking external demand and trade barriers. The company plans to improve performance through deeper integration and market diversification.

Shenda Shares disclosed an earnings forecast, expecting a net profit attributable to the parent company of 28.81 million yuan to 43.21 million yuan in the first half of 2026, compared with a loss of 53.6366 million yuan in the same period last year, achieving a turnaround year-on-year. Deducted non-recurring profit is expected to be 26.43 million yuan to 39.64 million yuan, compared with a loss of 60.8681 million yuan in the same period last year. The company stated that the improvement in performance was mainly due to the fact that in the same period last year, the euro borrowings of its overseas subsidiary Auria Solutions Ltd. generated an exchange loss of 83.6 million yuan, and this year the euro borrowings have been replaced with US dollar borrowings, eliminating that impact. The company's main businesses include automotive interiors and acoustic components, new textile materials, and import and export trade.