Shenzhen Easttop Supply Chain Management Co LtdNet profit up 148.95% driven by fair value gains from investee listings, with improved margins and lower debt.

Easttop Jia Sheng disclosed its 2026 semi-annual report. In the first half, it achieved net profit attributable to the parent of 199 million yuan, a sharp year-on-year increase of 148.95%, with earnings per share of 0.53 yuan. The company proactively optimised its business structure and reduced service revenue with lower gross margins, causing operating revenue to fall to 1.089 billion yuan. However, companies invested in by funds the company participates in were successfully listed, generating fair value change gains of 187 million yuan, which became the main source of profit growth for the period. The company's weighted return on equity rose to 7.75%, gross margin climbed from 8.57% to 19.68%, and the asset-liability ratio fell from 49.70% to 41.67%. The company continued to advance construction of its own warehousing projects. The Shenzhen Qianhai Bay Area One smart warehousing project has been topped out and is expected to begin production within 2026.
Shenzhen Easttop Supply Chain Management Co LtdNet profit up 148.95% driven by fair value gains from investee listings, with improved margins and lower debt.