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Three Stars NM

Zhejiang Three Stars New Materials Co., Ltd. manufactures and sells glass products in China and internationally, together with its subsidiaries. Its offerings include glass doors, processed glass, photovoltaic glass, and plastic products. These products are used in low-temperature storage equipment such as beverage cabinets, wine cabinets, smart retail cabinets, horizontal freezers, and food refrigerators, as well as in other applications. The company also imports and exports its products. Founded in 1999, it is headquartered in Huzhou, China.

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Sanxing New Materials' 2026 Interim Net Loss Widens to 39.5688 Million Yuan

Sanxing New Materials released its 2026 interim report, with total operating revenue of 835 million yuan and net profit attributable to the parent company of negative 39.5688 million yuan, a decrease of 9.3368 million yuan compared with the same period last year, widening the loss. Net cash inflow from operating activities was negative 81.297 million yuan, down 135.38% year on year. The company's asset-liability ratio was 74.08%, gross margin was 12.34%, ROE was negative 2.86%, and diluted earnings per share was negative 0.19 yuan. The number of shareholders was 9,900, and the top ten shareholders held 70.65% of the total share capital.
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