Haomei New Materials announced its 2026 semi-annual report on August 29. In the first half of the year, total operating revenue reached 4.144 billion yuan, up 15.60 percent year on year. Net profit attributable to the parent company was 81.0158 million yuan, down 11.70 percent year on year. Net profit after deducting non-recurring items was 79.9301 million yuan, down 8.76 percent year on year. Net cash flow from operating activities was negative 160 million yuan, compared with 67.0149 million yuan in the same period last year. During the reporting period, basic earnings per share were 0.3314 yuan, and the weighted average return on equity was 3.01 percent, down 0.4 percentage points year on year. As of the end of the first half of 2026, the company's inventory book value was 841 million yuan, accounting for 30.37 percent of net assets, an increase of 96.6642 million yuan from the end of the previous year. In addition, data from China Securities Depository and Clearing Corporation showed that as of August 21, 2026, 23.1 percent of Haomei New Materials shares were pledged.
Guangdong Haomei New Material Co LtNet profit down 11.70% YoY and operating cash flow negative.
