Shanghai Mechanical & Electrical Industry Co Ltd A

Shanghai Mechanical and Electrical Industry released its 2026 interim report, with net profit attributable to the parent company of 396 million yuan, a decrease of 19.39% compared with the same period last year. The company's total operating revenue was 9.465 billion yuan, a slight increase of 0.28% year-on-year; net cash inflow from operating activities was 209 million yuan, down 56.48% year-on-year. The company's latest asset-liability ratio was 49.20%, gross margin was 17.15%, and diluted earnings per share was 0.39 yuan.

Shanghai Mechanical and Electrical Industry disclosed its 2026 semi-annual report. In the first half of the year, total operating revenue reached 9.465 billion yuan, up 0.28% year-on-year. Net profit attributable to the parent company was 396 million yuan, down 19.39% year-on-year. Net profit after deducting non-recurring items was 389 million yuan, down 14.97% year-on-year. Net cash flow from operating activities was 209 million yuan, down 56.48% year-on-year. Basic earnings per share were 0.39 yuan, and the weighted average return on equity was 2.79%. Based on the closing price on August 21, the company's price-to-earnings ratio on a trailing twelve-month basis was about 26.38 times, the price-to-book ratio on a latest fiscal year basis was about 1.3 times, and the price-to-sales ratio on a trailing twelve-month basis was about 0.95 times.