Fujian Huoju Electronic

Fujian Torch Electron Technology Co., Ltd. researches, develops, produces, sells, and services electronic components, new materials, and related products in China and internationally. Its activities include sales in the automotive and new energy sectors, production and sales of machined parts, development of thin film capacitors and supporting equipment, and development, manufacturing, and sales of thermal management systems. The company also supplies electronic, microwave, and optoelectronic components, as well as ceramic precursor materials, and engages in technology promotion, investment, electroplating, and integrated circuit design. Its products serve consumer electronics, industrial control, medical electronics, security, other civilian sectors, aerospace, and weaponry. Formerly known as Quanzhou Torch Electronic Component Factory, it was founded in 1988 and is based in Quanzhou City, China.

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Torch Electron's 2026 interim net profit was 243 million yuan, down 7.18% year-on-year

Torch Electron released its 2026 interim report, with net profit attributable to the parent company of 243 million yuan, a decrease of 18.7487 million yuan compared with the same period last year, down 7.18% year-on-year. The company's total operating revenue was 3.107 billion yuan, and net cash outflow from operating activities was 226 million yuan, an increase of 159 million yuan compared with the same period last year. The latest asset-liability ratio was 36.02%, up 15.19 percentage points from the same period last year; gross margin was 18.74%, down 16.84 percentage points from the same period last year; ROE was 3.77%, down 0.50 percentage points from the same period last year. Diluted earnings per share was 0.51 yuan, down 10.53% year-on-year.

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