Renxin New Materials released its 2026 interim report, showing the company swung from profit to loss, with net profit attributable to the parent company at negative 107 million yuan, a decrease of 131 million yuan from the same period last year, down 540.91 percent year on year. Total operating revenue was 1.158 billion yuan, and net cash flow from operating activities was negative 277 million yuan, a decrease of 210 million yuan from the same period last year. The company's asset-liability ratio was 37.08 percent, up 7.32 percentage points from the previous quarter and up 14.36 percentage points from the same period last year. Gross margin was negative 4.67 percent, down 7.86 percentage points from the same period last year. Return on equity was negative 7.41 percent, down 8.99 percentage points from the same period last year. Diluted earnings per share was negative 0.45 yuan, a decrease of 0.55 yuan from the same period last year, down 543.92 percent year on year. Total asset turnover was 0.54 times and inventory turnover was 6.51 times, both lower than the same period last year. The company had 9,825 shareholders, and the top ten shareholders held 143 million shares, accounting for 58.83 percent of total share capital.
Renxin New Material Co. Ltd. ACompany swung to a net loss of 107 million yuan with negative gross margin and operating cash flow.
