Jiangnan New Materials released its 2026 interim report on August 28, 2026. During the reporting period, the company achieved total operating revenue of 6.79 billion yuan and net profit attributable to the parent of 160 million yuan. Net cash flow from operating activities was negative 460 million yuan, ranking 30th among peer companies. The company's asset-liability ratio was 65.30%, up 6.42 percentage points from the previous quarter and up 7.17 percentage points from the same period last year. Gross margin was 3.93%, down 0.42 percentage points from the previous quarter and down 0.05 percentage points from the same period last year, with ROE at 8.25%. Diluted earnings per share were 1.10 yuan, total asset turnover was 1.34 times, and inventory turnover was 7.85 times, down 3.37% year on year. The number of shareholders was 20,600, and the top ten shareholders held 63.28% of total share capital.
Jiangxi Jiangnan New MaterialInterim report shows net profit of 160M yuan but negative operating cash flow and rising debt, mixed financials.
