Hongbai New Materials released its 2026 interim report on August 30. During the reporting period, the company achieved operating revenue of 847 million yuan, up 15.85% year on year, but net profit attributable to the parent company was negative 30 million yuan, with the loss widening year on year, continuing a trend of rising revenue without rising profit. The company focuses on functional silanes and nano-silicon materials. Affected by low product prices and exchange losses, the profitability of its main business has not yet recovered. Net profit after deducting non-recurring items was negative 43 million yuan, and net cash outflow from operating activities was 27 million yuan. The company is optimizing its product structure, transitioning toward high-purity electronic-grade silicon-based materials, and accelerating construction of its Thailand base, but raw material price fluctuations and changes in the trade environment remain the main risks.
Jiangxi Hungpai New Material Co LtdNet loss widened despite revenue growth, with profitability hurt by low product prices and exchange losses.
