Maohua Shihua released its 2026 interim report. Total operating revenue was 1.777 billion yuan, up 20.05% year on year. Net profit attributable to the parent company was a loss of 32.8086 million yuan, an improvement of 49.8505 million yuan compared with the same period last year, marking a second consecutive year of improvement. Net cash inflow from operating activities was 2.2265 million yuan, an increase of 97.6629 million yuan from a year earlier. The company's latest asset-liability ratio was 71.14%, and gross margin was 4.76%, up 1.42 percentage points from the previous quarter, marking two consecutive quarters of improvement. Diluted earnings per share were a loss of 0.06 yuan, an improvement of 0.10 yuan from a year earlier. Total asset turnover was 0.91 times and inventory turnover was 12.80 times, both ranking third among peers. The number of shareholders was 24,900, and the top ten shareholders held 51.30% of total share capital.
Maoming Petro-Chemical Shihua Co LtdNet loss narrowed but still negative, with low gross margin and high debt ratio.