Mengjie Shares released its 2026 half-year report, achieving operating revenue of 763 million yuan, up 2.64% year on year. Net profit attributable to shareholders of the listed company was 34.0159 million yuan, up 41.90% year on year, while net profit after deducting non-recurring items was 30.5904 million yuan, up 35.77%. Net margin rose to 4.46% from 3.23% a year earlier, but gross margin fell 0.53 percentage points year on year to 39.35%. Net cash flow from operating activities was 59.9349 million yuan, down 23.96% year on year, clearly diverging from profit growth. As of the end of the reporting period, the company's short-term borrowings stood at 354 million yuan, its asset-liability ratio was 48.47%, and its current ratio was 0.90, already below the warning level of 1.0, indicating emerging short-term debt repayment pressure. The company will not distribute cash dividends, bonus shares, or convert capital reserves into share capital for the 2026 half year.
Hunan Mendale Hometextile Co LtdHalf-year net profit up 41.9% and net margin improved, though cash flow and debt metrics weakened.
