Tiandi Science & Technology has disclosed its earnings forecast, estimating that net profit attributable to the parent company for the first half of 2026 will be between 709 million and 758 million yuan, a year-on-year decline of 63.6% to 65.9%. Deducted non-recurring net profit is expected to be between 633 million and 665 million yuan, down 36.8% to 39.8% year-on-year. The main reason for the sharp decline in performance is that in the first half of 2025, its sub-subsidiary Tiandi Wangpo recognized a disposal gain of 2.527 billion yuan from the transfer of its equity in Qinnan Energy, while there is no such non-recurring gain or loss in the same period of 2026. Based on the closing price on July 14, the company's price-to-earnings ratio is approximately 17.55 to 18.35 times, the price-to-book ratio is about 0.8 times, and the price-to-sales ratio is about 0.69 times.
Tian Di Science & Technology Co LtdNet profit forecast to drop over 60% due to absence of prior-year disposal gain.