Tianzhen Shares disclosed its 2026 semi-annual report on August 29. In the first half of the year, it achieved total operating revenue of 737 million yuan, down 7.39% year on year. Net profit attributable to the parent company was 59.91 million yuan, up 21.06% year on year. Net profit after deducting non-recurring items was 52.66 million yuan, up 19.20% year on year. Net cash flow from operating activities was 71.20 million yuan, up 11.32% year on year. Basic earnings per share were 0.28 yuan, and the weighted average return on equity was 2.00%. The company is mainly engaged in the research, development, production, and sales of PVC composite flooring and new RPET composite flooring. As of the end of the first half of the year, the company's inventory book value was 303 million yuan, accounting for 10.3% of net assets. The inventory impairment provision was 52.12 million yuan, with a provision ratio of 14.67%. The current ratio was 7.27, and the quick ratio was 6.21.
Zhejiang Tianzhen Technology Co. Ltd. ANet profit up 21.06% year on year despite revenue decline.
