Henan Mingtai Al.Industrial Co Ltd

Mingtai Aluminum released its 2026 interim report on August 18, 2026. The company's total operating revenue was 21.119 billion yuan, and net profit attributable to the parent was 1.407 billion yuan. Net cash inflow from operating activities was 581 million yuan, a decrease of 518 million yuan compared with the same period last year, down 47.15 percent year on year. The company's latest asset-liability ratio was 31.69 percent, up 0.27 percentage points from the previous quarter. Its latest gross margin was 9.75 percent, down 0.09 percentage points from the previous quarter. Its latest return on equity was 6.92 percent, and diluted earnings per share was 1.13 yuan. The company's latest total asset turnover was 0.74 times, and inventory turnover was 3.25 times. The number of shareholders was 57,200, and the top ten shareholders held 376 million shares, accounting for 30.24 percent of total share capital.

Mingtai Aluminum has released its 2026 half-year performance forecast, estimating net profit attributable to owners of the parent company at 1.4 billion to 1.45 billion yuan, representing a year-on-year increase of 49% to 54%. The company continues to advance its product premiumization strategy, with steady output growth in emerging sectors such as new energy battery materials, automotive sheets, electrode foils, heat-dissipation liquid-cooled aluminum, aluminum-based copper-clad laminate substrates, and smart equipment housing materials. The commissioning of high-end heat treatment lines has driven up processing fees and product premiums for high-barrier alloy products, lifting the overall product profit center and effectively boosting comprehensive gross margin.