Jiangxi Hungpai New Material Co LtdCompany reported a net loss of 30.4855 million yuan, widening year on year, with declining gross margin and negative operating cash flow.

Hongbai New Materials released its 2026 interim report. The company's total operating revenue was 847 million yuan, and net profit attributable to the parent company was a loss of 30.4855 million yuan, a decrease of 3.88 million yuan compared with the same period last year, with the loss widening year on year. Net cash flow from operating activities was a negative 27.1098 million yuan. The company's asset-liability ratio was 29.80 percent, up 2.17 percentage points from the previous quarter. Gross margin was 6.45 percent, down 1.41 percentage points from the same period last year. Return on equity was negative 1.14 percent. Diluted earnings per share was negative 0.04 yuan. The number of shareholders was 38,600, and the top ten shareholders held 48.48 percent of the total share capital.
Jiangxi Hungpai New Material Co LtdCompany reported a net loss of 30.4855 million yuan, widening year on year, with declining gross margin and negative operating cash flow.