Hengshuai Shares released its 2026 interim report. First-half net profit attributable to the parent was 78.51 million yuan, down 7.3% year on year, while operating revenue was 523 million yuan, up 22.0% year on year. Net profit attributable to the parent excluding non-recurring items was 67.04 million yuan, down 11.2% year on year. Net operating cash flow was 92.09 million yuan, up 6.2% year on year, and earnings per share were 0.4784 yuan. In the second quarter, operating revenue was 284 million yuan, up 25.9% year on year, and net profit attributable to the parent was 38.36 million yuan, down 10.5% year on year. As of the end of the second quarter, total assets were 2.132 billion yuan, up 3.6% from the end of the previous year, and net assets attributable to the parent were 1.776 billion yuan, up 25.1%. The company said its main business revolves around products related to automotive motor technology and fluid technology, and revenue from both product categories grew during the reporting period. It also stressed that it will monitor risks from changes in the automotive industry to strengthen its risk resilience.
NINGBO HENGSHUAI Co. LTD.First-half net profit attributable to parent fell 7.3% year on year to 78.51 million yuan, with non-recurring-adjusted profit down 11.2%.
