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Sinosteel Luonai Materials Technology Co. Ltd. A

Sinosteel Luonai Materials Technology Co., Ltd. researches, develops, manufactures, sells, and services mid- to high-end refractory materials in China. Its products include silicon, magnesium, high-alumina, and composite series, high-purity oxide products, functional materials, amorphous and prefabricated products, and dental equipment. These products serve the steel, non-ferrous metals, petroleum, coal chemicals, building materials, power, energy conservation and environmental protection, and national defense and military industries. The company exports to approximately 40 countries and regions and was formerly known as Luoyang Refractory Factory of the Ministry of Metallurgical Industry. It is based in Luoyang, China.

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Price · split & dividend adjusted
News & notes moving 688119.CG
688119.CG3

Sinosteel Luonai's 2026 interim report shows net loss of 85.6388 million yuan, swinging from profit to loss year-on-year

Sinosteel Luonai released its 2026 interim report. Total operating revenue was 966 million yuan, down 4.42% year-on-year. Net profit attributable to the parent company was negative 85.6388 million yuan, swinging from profit to loss year-on-year, a decline of 362.50%. Net cash flow from operating activities was negative 51.3474 million yuan, an increase of 108 million yuan year-on-year. The company's asset-liability ratio was 42.75%, gross margin was 16.35%, return on equity was negative 3.14%, and diluted earnings per share was negative 0.08 yuan. The number of shareholders was 19,900, and the top ten shareholders held 65.56% of total share capital.
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