Qinglong Pipe Industry released its 2026 interim report on August 22, 2026. The company's total operating revenue was 951 million yuan, net profit attributable to the parent company was 14.5054 million yuan, and net cash flow from operating activities was negative 370 million yuan, a decrease of 130 million yuan compared with the same period last year. The company's latest asset-liability ratio was 42.47 percent, up 1.88 percentage points from the previous quarter; gross margin was 27.98 percent, down 1.16 percentage points from the same period last year; latest return on equity was 0.58 percent, and diluted earnings per share was 0.04 yuan. The company had 48,300 shareholders, and the top ten shareholders held 115 million shares, accounting for 34.56 percent of total share capital.
Ningxia Qinglong Pipes Industry Co LtdNet profit of 14.5 million yuan on 951 million revenue, with negative operating cash flow and declining margins.