Haichang New Materials disclosed its 2026 semi-annual report. In the first half, total operating revenue reached 274 million yuan, up 98.62% year on year. Net profit attributable to the parent company was 43.9525 million yuan, up 42.97% year on year. Net profit after deducting non-recurring items was 42.9124 million yuan, up 50.16% year on year. Net cash flow from operating activities was 38.5969 million yuan, up 13.06% year on year. Basic earnings per share were 0.1771 yuan, and the weighted average return on equity was 4.81%. Based on the closing price on August 24, the company's price-to-earnings ratio was about 72.52 times, price-to-book ratio about 5.43 times, and price-to-sales ratio about 12.31 times.
Yangzhou Seashine New Materials CoFirst-half net profit up 42.97% year on year, revenue up 98.62%, strong earnings report.
