Huide Technology disclosed its 2026 semi-annual report on August 29. In the first half of the year, it achieved total operating revenue of 1.321 billion yuan, up 8.51% year on year. Net profit attributable to the parent company was 40.4363 million yuan, down 18.82% year on year. Non-GAAP net profit was 38.6901 million yuan, down 19.81% year on year. The company plans to distribute a cash dividend of 1.25 yuan per 10 shares, tax included, to all shareholders. As of the end of the first half of 2026, the company's net cash flow from operating activities was negative 1.763 million yuan, compared with 118 million yuan in the same period last year. The company's main business is the research and development, production, sales, and technical services of polyurethane materials.
Shanghai Huide Science & Technology Co LtdNet profit down 18.82% YoY and operating cash flow turned negative.
