Grinm Advanced Materials posts H1 2026 net profit of 55.35 million yuan, up 54.79% year on year

Earnings
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Grinm Advanced Materials released its 2026 interim report. Total operating revenue was 2.621 billion yuan, an increase of 830 million yuan from the same period last year, up 46.39% year on year, marking three consecutive years of growth. Net profit attributable to the parent company was 55.35 million yuan, an increase of 19.59 million yuan from the same period last year, up 54.79% year on year, marking two consecutive years of growth. Net cash flow from operating activities was negative 183 million yuan. The asset-liability ratio was 47.90%, gross margin was 7.24%, and return on equity was 4.31%, up 1.41 percentage points from the same period last year. Diluted earnings per share were 0.53 yuan, up 55.88% year on year. Total asset turnover was 1.12 times, and inventory turnover was 6.19 times. The company had 16,600 shareholders, and the top ten shareholders held 50.75 million shares, accounting for 48.96% of total share capital.

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