Zhejiang Xiantong disclosed its 2026 semi-annual report on August 26. In the first half, it achieved total operating revenue of 690 million yuan, up 2.76% year on year. Net profit attributable to the parent company was 80.6726 million yuan, down 24.63% year on year. Net profit after deducting non-recurring items was 81.615 million yuan, down 22.31% year on year. Net cash flow from operating activities was 12.3223 million yuan, up 254.37% year on year. Basic earnings per share were 0.3 yuan, and the weighted average return on equity was 6.34%, down 3 percentage points year on year. As of the end of the first half, the company's cash and cash equivalents decreased by 77.06% compared with the end of the previous year, intangible assets increased by 159.88%, and inventories increased by 10.97%. Since its establishment, the company has been engaged in the research and development, design, production and sales of automotive sealing strips and other auto parts.
Zhejiang Xiantong Rubber&Plastic Co LtdNet profit down 24.63% year on year in H1 2026.
