Huaxin New Materials first-half revenue rises 6.13% year on year, operating cash flow improves significantly

Earnings
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Huaxin New Materials disclosed its 2026 semi-annual report. In the first half, it achieved revenue of 187 million yuan, up 6.13% year on year, with net profit attributable to the parent of 23.446 million yuan and non-GAAP net profit of 22.6854 million yuan. Net cash flow from operating activities was 57.2752 million yuan, a marked improvement from the same period last year. Smart card base materials achieved revenue of 182 million yuan, up 5.04% year on year, with a gross margin of 31.89%, up 0.66 percentage points year on year. Affected by changes in foreign currency exchange gains and losses, financial expenses were 5.1118 million yuan, compared with negative 2.199 million yuan in the same period last year. The company built four new imported intelligent production lines, with the new capacity focused on high-end environmentally friendly base materials.

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