Huaguang New Materials released its 2026 interim report. Total operating revenue was 2.309 billion yuan, and net profit attributable to the parent company was 91.7174 million yuan, a decrease of 31.4943 million yuan from the same period last year, down 25.56% year-on-year. Net cash flow from operating activities was negative 509 million yuan, a decrease of 389 million yuan from the same period last year. The company's asset-liability ratio was 66.13%, up 1.69 percentage points from the previous quarter and up 8.43 percentage points from the same period last year. Gross margin was 11.66%, down 0.42 percentage points from the previous quarter. ROE was 6.41%, down 4.79 percentage points from the same period last year. Diluted earnings per share were 1.02 yuan, down 28.67% year-on-year.
Hangzhou Huaguang Advanced Welding Materials Co LtdNet profit fell 25.56% YoY, operating cash flow deeply negative, and margins declined.
