Huali Industries

Huali Holdings disclosed its 2026 semi-annual report on August 28. In the first half, it achieved total operating revenue of 673 million yuan, up 26.20% year on year. Net profit attributable to the parent company was 76.034 million yuan, up 319.74% year on year. Net profit after deducting non-recurring items was 32.9564 million yuan, up 99.59% year on year. Net cash flow from operating activities was 69.2315 million yuan, compared with negative 11.7869 million yuan in the same period last year. During the reporting period, basic earnings per share were 0.28 yuan, and the weighted average return on equity was 5.42%. Non-recurring gains and losses totaled 43.0776 million yuan, of which gains arising from the investment cost of acquiring subsidiaries, associates and joint ventures being less than the fair value of the identifiable net assets of the investee enjoyed by the company amounted to 41.3419 million yuan. As of the close on August 27, Huali Holdings traded at a trailing twelve-month price-to-earnings ratio of about 58.02 times, a price-to-book ratio of about 3.23 times, and a price-to-sales ratio of about 3.32 times. The company is a comprehensive holding enterprise engaged in home building materials, smart water services, membrane filtration materials, and industrial digital intelligence businesses.