Hangzhou Yitong New Material Co. LTDNet profit of 32.3 million yuan on 512 million revenue, but operating cash flow negative and gross margin down 3.81 percentage points year-on-year.

Yitong New Materials released its 2026 interim report. The company's total operating revenue was 512 million yuan, net profit attributable to the parent company was 32.3142 million yuan, and net cash flow from operating activities was negative 29.8477 million yuan. The company's latest asset-liability ratio was 44.87 percent, up 0.34 percentage points from the previous quarter and up 5.55 percentage points from the same period last year. The latest gross margin was 14.32 percent, down 3.81 percentage points from the same period last year. The latest return on equity was 3.40 percent, and diluted earnings per share was 0.32 yuan. The company's latest total asset turnover was 0.30 times, and the latest inventory turnover was 1.74 times, down 0.08 times from the same period last year, a year-on-year decline of 4.38 percent. The company had 9,256 shareholders, and the top ten shareholders held 76.4896 million shares, accounting for 76.49 percent of the total share capital.
Hangzhou Yitong New Material Co. LTDNet profit of 32.3 million yuan on 512 million revenue, but operating cash flow negative and gross margin down 3.81 percentage points year-on-year.