Lida New Materials swings to profit in 2026 interim report, cash flow improves sharply

Earnings
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Summary · why it matters

Lida New Materials released its 2026 interim report on August 27, swinging to a profit for the period with a sharp improvement in operating cash flow. Data shows the company achieved operating revenue of 1.1 billion yuan, up 26.17 percent year on year. Net profit attributable to the parent company was 35.4981 million yuan, compared with a loss of 23.7944 million yuan in the same period last year. Net profit attributable to the parent company after deducting non-recurring items was 26.9622 million yuan, also turning from loss to profit. Net cash flow from operating activities was 47.6528 million yuan, a year-on-year surge of 1,268.97 percent. The revenue growth was mainly driven by the performance contributions of subsidiaries Anhui Lida and Zhaoqing Lida. Anhui Lida released production capacity and increased the share of high-end products, while Zhaoqing Lida saw higher business volume driven by food packaging demand. The company is offsetting cost pressure from high aluminum prices by optimizing its product mix and is actively laying out new energy battery current collector material projects, but it faces risks including raw material price fluctuations, a relatively large amount of accounts receivable, and international trade protection policies.

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Off-coverage companies 2

安徽丽岛Private▲ Positive
Demandrelevance

Subsidiary Anhui Lida released production capacity and raised its share of high-end products, driving revenue growth.

肇庆丽岛Private▲ Positive
Demandrelevance

Subsidiary Zhaoqing Lida saw higher business volume driven by food packaging demand.