Changqing Co. announced its 2026 half-year report on August 27. In the first half, it achieved operating revenue of 1.91 billion yuan, up 19.5% year on year, and net profit attributable to the parent of 18.61 million yuan, successfully turning losses into profits, compared with a loss of 20.53 million yuan in the same period last year. Net profit attributable to the parent after deducting non-recurring items was 18.32 million yuan, compared with a loss of 22.26 million yuan a year earlier. Net operating cash flow was negative 246 million yuan, up 31.7% year on year, and earnings per share were 0.0782 yuan. In the second quarter, the company's operating revenue was 991 million yuan, up 26.1% year on year, and net profit attributable to the parent was 11.67 million yuan, compared with a loss of 26.66 million yuan in the same period last year. As of the end of the second quarter, the company's total assets were 6.848 billion yuan, up 13.7% from the end of the previous year, and net assets attributable to the parent were 2.201 billion yuan, up 0.6%. The company mainly produces stamped and welded automotive parts, and has transformed into a modular, automated, multi-business-chain manufacturer, with a focus on advancing automation upgrades and expanding new energy business.
Hefei Changqing Machinery Co LtdSwung to profit in H1 with revenue up 19.5% and net profit of 18.61 million yuan, versus a loss last year.
