Fujian Tianma Science and Technology Group Co Ltd

Tianma Technology released its 2026 interim report. Total operating revenue was 3.132 billion yuan, and net profit attributable to the parent company was 12.3279 million yuan, down 79.53% from the same period last year. Net cash inflow from operating activities was 187 million yuan. The asset-liability ratio was 72.05%, gross margin was 8.28%, and diluted earnings per share was 0.02 yuan. The number of shareholders was 20,300, and the top ten shareholders held 44.64% of total share capital.

Tianma Technology disclosed its 2026 semi-annual report on the evening of August 30. During the reporting period, the company achieved operating revenue of 3.132 billion yuan, up 5.34% year on year, but net profit attributable to shareholders of the listed company was 12.3279 million yuan, down 79.53% year on year. Facing low eel market prices, the company proactively adjusted its harvesting pace, and the feed business became an important support. Sales revenue from specialty aquatic feed was about 771 million yuan, up 84.43% year on year, while the livestock and poultry feed business achieved operating revenue of about 1.649 billion yuan, up 5.29% year on year. In the food business, grilled eel sales reached 3,680.90 tonnes, up 0.53% year on year, setting a record high, and the proportion of eels used in-house rose to 75.90%. The company said that as eel prices recover and the peak consumption season approaches, the synergistic value of the industry chain is expected to become more evident.

Tianma Technology issued an earnings forecast, expecting net profit attributable to shareholders of the listed company for the first half of 2026 to be between 10.5 million yuan and 15.5 million yuan, a year-on-year decline of 74.26% to 82.56%.