Wangzi New Materials released its 2026 interim report. Total operating revenue was 1.022 billion yuan, and net profit attributable to the parent company was 11.16 million yuan, down 28.91% from the same period last year, a decrease of 4.54 million yuan. Net cash flow from operating activities was negative 44.05 million yuan. The asset-liability ratio was 42.76%, up 2.06 percentage points year on year. Gross margin was 12.73%, down 2.28 percentage points year on year. Return on equity was 0.71%, down 0.19 percentage points year on year. Diluted earnings per share were 0.03 yuan, down 25.00% year on year. The number of shareholders was 51,900, and the top ten shareholders held 39.04% of the total share capital.
Shenzhen Prince New Materials Co LtdNet profit down 28.91% YoY, gross margin down, and operating cash flow negative.