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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
China Graphite Group
China Graphite Group (2237) investor relations material
China Graphite Group H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary28 Aug, 2026
Executive summary
1H 2026 revenue fell 17.3% YoY to RMB32.871m; gross profit rose 23.3% to RMB7.368m and net loss narrowed to RMB9.879m from RMB11.890m.
Cost controls, improved ore quality and production efficiency lifted gross margin to 22.4% from 15.0%.
Financial highlights
Cost of sales fell 24.6% to RMB25.503m; operating loss narrowed to RMB8.647m from RMB10.766m, and loss before tax was RMB10.023m versus RMB11.901m.
Basic and diluted loss per share improved to RMB0.62 cents from RMB0.74 cents; no interim dividend was recommended.
Net cash generated from operations was RMB39.004m versus RMB54.353m; cash and cash equivalents were RMB35.830m at period-end, down from RMB50.460m at 2025 year-end.
Segment performance
Flake graphite concentrate revenue fell 22.8% to RMB23.429m and sales volume declined 23.9% to 9,446 tonnes; gross profit rose to RMB7.532m and margin to 32.1% from 20.4%.
Spherical graphite and by-product revenue rose 70.8% to RMB8.153m; spherical graphite volume increased 11.5% to 786 tonnes, while the segment recorded a RMB0.196m gross loss and 2.4% negative margin.
Unprocessed marble revenue fell to RMB1.289m from RMB4.636m as local construction slowed; gross profit was RMB0.032m and margin 2.5%.
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Latest events from China Graphite Group
- Weak graphite demand drove an H1 loss, while July revenue signaled recovery.2237
H1 2023 - H2 recovery softened a weak year as expansion plans shift toward scale and downstream materials.2237H2 2023
- Revenue fell 29.5% as weaker spherical graphite demand drove a RMB12.5m net loss.2237H2 2024
- Weak demand and export controls widened H1 losses despite higher flake concentrate volumes.2237H1 2024
- Revenue growth and cost controls restored profitability amid weak natural graphite markets.2237H2 2025
- Flake graphite growth and higher margins narrowed the H1 loss to RMB11.890m.2237H1 2025
Next China Graphite Group earnings date
H2 202625 Mar, 2027
China Graphite Group
Next China Graphite Group earnings date
H2 202625 Mar, 2027
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