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MeiHua Holdings Group
MeiHua Holdings Group (600873) investor relations material
MeiHua Holdings Group Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary14 Aug, 2026
Executive summary
Operating revenue for Jan–Jun 2026 was RMB 12.24 billion, down 0.37% year-over-year, with net profit attributable to shareholders at RMB 662 million, a 62.56% decrease year-over-year.
Main product prices (lysine, threonine, MSG) declined due to oversupply and weak demand, compressing margins.
Integration of acquired Kyowa Hakko assets under Plumino led to profitability ahead of schedule and improved global operational efficiency.
Significant progress in R&D, digital transformation, and intelligent manufacturing, with AI-driven cost reductions and efficiency gains.
Financial highlights
Revenue: RMB 12.24 billion (down 0.37% year-over-year).
Net profit attributable to shareholders: RMB 662 million (down 62.56% year-over-year).
Net cash flows from operating activities: RMB 389 million (down 83.17% year-over-year).
Basic EPS: RMB 0.24 (down 61.29% year-over-year).
Gross margin declined due to lower product prices and higher raw material costs.
Outlook and guidance
Second half focus: deepen integration of global operations, accelerate commissioning of new projects, and further digitalization.
Ongoing expansion in high-value-added products and overseas capacity deployment.
Continued investment in R&D and AI to drive efficiency and product innovation.
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Latest events from MeiHua Holdings Group
- Net profit surged 19.72% on Kyowa gains, despite a 3.43% revenue drop and industry headwinds.600873
Q4 2025 - Net profit dropped 88% year-over-year as lower product prices hit revenue and margins.600873Q1 2026
- Q3 net profit jumped 141% on acquisition gains, but core profit fell as product prices dropped.600873Q3 2025
- Net profit surged 19.96% to RMB 1.77 billion despite a slight revenue decline.600873Q2 2025
- Q3 net profit dropped 33.96% on lower product prices; share repurchase and dividend announced.600873Q3 2024
- Net profit grew 7.51% to ¥1.47B despite a 6.96% revenue drop, driven by cost control.600873H1 2024
- Revenue and profit declined on lower prices, but global expansion and R&D accelerated.600873Q4 2024
- Net profit jumped 35.52% in Q1 2025, driven by higher sales and lower costs.600873Q1 2025
Next MeiHua Holdings Group earnings date
Q3 202630 Oct, 2026
MeiHua Holdings Group
Next MeiHua Holdings Group earnings date
Q3 202630 Oct, 2026
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