Shanghai Material Trading Co Ltd B

Shanghai Material Trading recently held its 2026 interim results briefing online, answering investor questions on topics including how it is coping with the price war in the auto market, the future revenue and profit structure of its diversified businesses, and risk controls for commodity price fluctuations. According to the 2026 interim report published on August 28, the company's operating revenue was 667 million yuan, down 25.24% year on year; net profit attributable to the parent was 10.43 million yuan, down 29.81% year on year; net profit attributable to the parent after deducting non-recurring items was 6.21 million yuan, up 21.01% year on year; and net operating cash flow was 47.44 million yuan, turning positive from negative a year earlier. The company said that in the second half of the year it will gradually push forward the rollout of new energy brands and channel outlets, and will improve operating gross margin by raising the proportion of high-margin models and new energy products in new car sales, relying on a standardized full-chain self-operated used car system, and promoting the transformation of after-sales services toward a dual-track model that stabilizes the traditional fuel vehicle base while expanding into new energy growth. In the fine chemicals segment, the company has been deeply engaged in the pigment industry for more than thirty years and is an authorized distributor for several leading international brands, with its sales network focused on the two core markets of East China and South China. Going forward, it will deepen strategic cooperation with top-tier customers and expand its base of small and medium-sized growth-oriented enterprise customers. The company also said it has established a three-tier risk prevention and control system covering before, during, and after transactions to address commodity price fluctuations.

Shanghai Material Trading announced its 2026 semi-annual report on August 29. In the first half, it achieved total operating revenue of 667 million yuan, down 25.24% year on year. Net profit attributable to the parent company was 10.4254 million yuan, down 29.81% year on year. Net profit after deducting non-recurring items was 6.2074 million yuan, up 21.01% year on year. Net cash flow from operating activities was 47.4437 million yuan, compared with negative 11.0054 million yuan in the same period last year. Basic earnings per share were 0.021 yuan, and the weighted average return on net assets was 0.84%. The company mainly operates in metal materials, mineral products, chemical and light raw materials, automobiles and parts, as well as import and export trade and property leasing and warehousing businesses.