Kangxin New Materials released its 2026 interim report, showing total operating revenue of 198 million yuan, up 6.56 percent year on year, but net profit attributable to the parent company was a loss of 136 million yuan, with the loss widening compared with the same period last year. Net cash flow from operating activities was negative 80.72 million yuan, a decrease of 58.80 million yuan year on year. The asset-liability ratio rose to 51.05 percent, gross margin was negative 18.21 percent, return on equity was negative 3.90 percent, and diluted earnings per share was negative 0.10 yuan. The company had 47,200 shareholders, and the top ten shareholders held 43.78 percent of total share capital.
Kangxin New Materials Co LtdReports net loss of 136 million yuan, widening losses, negative cash flow, and negative gross margin.
