Shandong Daye Co Ltd Class A

Daye Co., Ltd. disclosed its semi-annual report for 2026. The company achieved total operating revenue of 2.463 billion yuan, down 2.31 percent year on year. Net loss attributable to the parent was 63.99 million yuan, compared with a profit of 42.40 million yuan in the same period last year. Net loss after deducting non-recurring items was 70.08 million yuan, compared with a profit of 25.62 million yuan a year earlier. Net cash flow from operating activities was 104 million yuan, down 21.46 percent year on year. Basic loss per share was 0.19 yuan, and the weighted average return on equity was negative 3.32 percent. The company's main business is the research, development, production and sales of bead wire, steel cord and hose wire.

Daye Shares disclosed an earnings forecast, expecting a net loss attributable to the parent of 60 million yuan in the first half of 2026, compared with a profit of 42.3979 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 66 million yuan, compared with a profit of 25.6239 million yuan a year earlier. The company's main business is the research, development, production and sales of bead wire, steel cord and hose wire. The announcement stated that the main reasons for the loss are the complex and severe international macro environment and intensified domestic industry competition, which put pressure on the sales prices of main products. At the same time, exchange rate fluctuations led to a year-on-year increase in exchange losses, and rising international shipping costs pushed up the costs of export business.