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Neway Valve suzhou Co Ltd

Neway Valve (Suzhou) Co., Ltd. researches, develops, produces, and sells industrial valves in China and internationally. Its product range includes gate, globe, check, ball, butterfly, cryogenic, on-off, and power plant valves, as well as subsea, oxygen, control, sleeved plug, ductile iron, and liquid hydrogen valves. These products serve applications in upstream, midstream, downstream, water treatment, power generation, and hydrogen energy, among others. Founded in 2002, the company is based in Suzhou, China.

Price · split & dividend adjusted
News & notes moving 603699.CG
603699.CG3

Neway Valve's interim revenue and net profit both rise, cash flow falls 40%

Neway Valve released its 2026 interim report, with operating revenue of 3.897 billion yuan, up 14.47% year on year, and net profit attributable to the parent of 733 million yuan, up 15.20% year on year. The company plans to distribute a cash dividend of 4.20 yuan per 10 shares, tax included, to all shareholders. Net cash flow from operating activities was 540 million yuan, down 40.84% year on year, mainly due to an increase in cash paid for goods and services. During the reporting period, the company achieved multiple breakthroughs in high-end manufacturing, including high-pressure large-diameter top-entry cryogenic ball valves, NPS 80-inch ultra-large-diameter axial flow check valves, and the development of a prototype Hualong One nuclear Class 1 stop-check valve. Financial expenses shifted from negative 34 million yuan in the same period last year to 137 million yuan, mainly due to increased exchange losses.
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