Shougang Co., Ltd. disclosed its 2026 semi-annual report on August 29. In the first half of the year, it achieved total operating revenue of 50.92 billion yuan, down 3.18 percent year on year. Net profit attributable to the parent company was 550 million yuan, down 16.74 percent year on year. Net profit after deducting non-recurring items was 524 million yuan, down 23.24 percent year on year. Net cash flow from operating activities was 647 million yuan, down 70.90 percent year on year. Basic earnings per share were 0.0714 yuan, and the weighted average return on equity was 1.09 percent, down 0.23 percentage points year on year. As of the end of the first half, the company's inventory book value was 9.934 billion yuan, accounting for 19.74 percent of net assets, a decrease of 396 million yuan from the end of the previous year.
Beijing Shougang Co LtdNet profit fell 16.74% YoY and operating cash flow dropped 70.90% in H1 2026.
