Shandong Haihua released its 2026 interim report, with net profit attributable to the parent company at negative 281 million yuan, a loss expansion of 23.58 million yuan compared with the same period last year. The company's total operating revenue was 2.128 billion yuan, down 0.44 percent year on year; net cash flow from operating activities was negative 1.007 billion yuan, down 390.84 percent year on year. The latest asset-liability ratio was 59.99 percent, up 18.87 percentage points from the same period last year; gross margin was 11.39 percent, and return on equity was negative 7.89 percent. Diluted earnings per share was negative 0.31 yuan, total asset turnover was 0.24 times, and inventory turnover was 7.09 times. The company had 57,100 shareholders, and the top ten shareholders held 415 million shares, accounting for 46.33 percent of total share capital.
Shandong Haihua Co LtdNet loss of 281 million yuan, loss expansion, negative operating cash flow, and deteriorating financial metrics.
