Shanying International disclosed its 2026 semi-annual report. In the first half, total operating revenue reached 14.259 billion yuan, up 3.01 percent year on year, but net profit attributable to the parent swung from profit to loss, with a loss of 682 million yuan, compared with a profit of 41.8154 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 724 million yuan, compared with a loss of 65.7799 million yuan a year earlier. Net cash flow from operating activities was 1.644 billion yuan, up 18.88 percent year on year. Basic earnings per share were negative 0.11 yuan, and the weighted average return on equity was negative 4.55 percent. As of August 21, 2026, 12.76 percent of the company's shares were pledged. The largest shareholder, Fujian Taisheng Industrial Co., Ltd., pledged 726 million shares, accounting for 54.1 percent of its holdings.
Anhui Shanying Paper Industry Co LtdNet loss attributable to parent of 682 million yuan, swinging from profit to loss.
