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Solareast Holdings Co Ltd

Solareast Holdings Co., Ltd. researches, develops, produces, and sells water heaters, kitchen appliances, clean energy heating, water purification, and other products in China and internationally. Its water heater offerings include solar, air energy, and electric water heaters, as well as solar and air energy heating and gas heaters. Kitchen appliances include hoods, gas stoves, integrated stoves, water purifiers, electric and gas water heaters, disinfection cabinets, steam ovens, microwave ovens, built-in electric ovens, dishwashers, and garbage disposers. Clean energy products include solar heating, air energy heating, gas wall-hung boilers, multi-energy heating products, and distributed photovoltaic development. Products are sold under the Taiyangyu, Sijimuge, and Shuaikang brands. The company was formerly known as Jiangsu Sunrain Solar Energy Co.,Ltd. and changed its name to Solareast Holdings Co., Ltd. Founded in 1997, it is based in Lianyungang, China.

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Solareast's 2026 interim net profit was 36.6463 million yuan, down 11.27% year on year

Solareast released its 2026 interim report, with net profit attributable to the parent company of 36.6463 million yuan, down 11.27% from the same period last year. Total operating revenue was 2.1 billion yuan, up 12.85% year on year. Net cash inflow from operating activities was 125 million yuan, rising for two consecutive years. The company's latest asset-liability ratio was 47.09%, gross margin was 27.26%, ROE was 0.85%, and diluted earnings per share was 0.05 yuan.
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Sunrise Oriental first-half 2026 net profit attributable to parent 36.65 million yuan

Sunrise Oriental disclosed its 2026 semi-annual report. In the first half, total operating revenue reached 2.1 billion yuan, up 12.85 percent year on year. Net profit attributable to the parent company was 36.65 million yuan, down 11.27 percent year on year. Non-GAAP net profit was 19.06 million yuan, up 518.32 percent year on year. Net cash flow from operating activities was 125 million yuan, compared with negative 13.11 million yuan in the same period last year. Basic earnings per share were 0.0451 yuan, and the weighted average return on equity was 0.85 percent. The company's main businesses include clean energy thermal applications, clean energy electric applications, and kitchen appliances.
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