Xinlaifu's 2026 Interim Report Shows Revenue Up 32%, Operating Cash Flow Turns Negative

Earnings
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Xinlaifu released its 2026 interim report, with operating revenue of 596 million yuan, up 32.13% year on year, and net profit attributable to the parent of 86 million yuan, up 27.50%. Revenue from electronic ceramic components reached 125 million yuan, up 60.30% year on year, and revenue from radiation protection materials reached 104 million yuan, up 60.41%, making them twin growth engines. Net cash flow from operating activities was negative 80 million yuan, swinging from a net inflow of 13 million yuan in the same period last year to a substantial net outflow, mainly due to increased raw material stocking and a high proportion of settlements via bank acceptance bills. The company's overseas revenue accounted for nearly 49%, exposing it to risks from raw material price fluctuations, exchange rate volatility, and international trade frictions.

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