Zhengqiang Shares disclosed its 2026 semi-annual report on August 28. In the first half of the year, it achieved total operating revenue of 237 million yuan, up 9.69% year-on-year; net profit attributable to the parent company was 48.5886 million yuan, down 23.44% year-on-year; net profit after deducting non-recurring items was 44.4928 million yuan, down 26.00% year-on-year. Net cash flow from operating activities was 39.8912 million yuan, up 0.08% year-on-year. Basic earnings per share were 0.33 yuan, and the weighted average return on equity was 4.57%, down 1.53 percentage points year-on-year. The company is mainly engaged in the research, development, production and sales of cross shaft universal joint assemblies, yokes and related components.
Hangzhou Zhengqiang Corporation LimitedH1 2026 net profit fell 23.44% YoY and non-recurring net profit dropped 26.00%, despite revenue rising 9.69%.
