Shen Ma Industry Co Ltd

Shenma Industry released its 2026 interim report, showing total operating revenue of 6.41 billion yuan and net profit attributable to the parent company of 62.98 million yuan, an increase of 191 million yuan compared with the same period last year, achieving a turnaround from loss to profit. Net cash inflow from operating activities was 628 million yuan, up 37.58 million yuan year-on-year, marking a third consecutive year of growth. The company's asset-liability ratio was 60.70 percent, down 0.30 percentage points from a year earlier; gross margin was 12.46 percent, rising for four consecutive quarters; return on equity was 0.67 percent, up 2.29 percentage points year-on-year. Diluted earnings per share were 0.06 yuan, an increase of 0.19 yuan from the same period last year.

Shenma Shares expects to achieve a net profit attributable to owners of the parent company of about 66 million yuan in the first half of 2026, turning from a loss to a profit compared with the same period last year. The company stated that due to various factors such as supply and demand in the industry market, the selling prices of its main products have risen compared with the same period, leading to an improvement in profitability over the same period last year.