Zhongheng Electric released its 2026 interim report on August 27, 2026. During the reporting period, the company achieved total operating revenue of 1.262 billion yuan, with net profit attributable to the parent company of 54.9878 million yuan. Net cash flow from operating activities was negative 269 million yuan, ranking 20th among disclosed peer companies and down 212 million yuan from the same period last year. The company's latest asset-liability ratio was 47.97%, up 4.11 percentage points from the previous quarter and up 9.90 percentage points from the same period last year. Gross margin was 21.51%, down 4.16 percentage points from the previous quarter and down 1.84 percentage points from the same period last year. Return on equity was 2.22%. Diluted earnings per share were 0.10 yuan, total asset turnover was 0.28 times, and inventory turnover was 0.94 times. The number of shareholders was 100,000, and the top ten shareholders held 267 million shares, accounting for 47.36% of total share capital.
Hangzhou Zhongheng Electric Co LtdNet profit of 54.99 million yuan with negative operating cash flow and declining margins
