Kaisheng New Materials released its 2026 interim report on August 18, 2026. Total operating revenue was 655 million yuan, and net profit attributable to the parent company was 94.2389 million yuan. Net cash inflow from operating activities was 1.8978 million yuan, a decrease of 44.0106 million yuan compared with the same period last year, down 95.87 percent year on year. The company's latest asset-liability ratio was 7.93 percent, up 0.56 percentage points from the previous quarter. The latest gross margin was 25.60 percent, down 0.10 percentage points from the previous quarter and down 2.76 percentage points from the same period last year. The latest return on equity was 4.03 percent, down 1.16 percentage points from the same period last year. The company's latest total asset turnover was 0.26 times, and the latest inventory turnover was 4.56 times, down 1.11 times from the same period last year, a year-on-year decline of 19.60 percent. The company had 40,600 shareholders, and the top ten shareholders held 191 million shares, accounting for 42.18 percent of total share capital.
Shandong Kaisheng New Materials Co.Ltd.Interim report shows net profit of 94.24M yuan, but operating cash flow plunged 95.87% YoY and margins declined.