Huayang Shares disclosed its 2026 semi-annual report on August 27. In the first half, total operating revenue reached 9.921 billion yuan, down 11.73% year on year, but net profit attributable to the parent company reached 1.062 billion yuan, up 35.63% year on year. Non-recurring net profit was 1.033 billion yuan, up 25.31% year on year, and net cash flow from operating activities surged 1,249.04% to 699 million yuan. Basic earnings per share were 0.29 yuan, and the weighted average return on equity was 3.82%, up 1.01 percentage points year on year. As of the end of the first half, construction in progress increased 14.23% from the end of the previous year, non-current liabilities due within one year increased 112.06%, while notes payable and accounts payable decreased 21.46%. The company is focused on building a dual-driver development pattern of traditional energy plus new energy and new materials.
Shan XI Hua Yang Group New Energy Co LtdFirst-half net profit up 35.63% year on year, beating revenue decline.
