Beijing Shougang Co (000959) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 was ¥50.92 billion, down 3.18% year-over-year; net profit attributable to shareholders was ¥549.63 million, down 16.74% year-over-year.

• Gross margin remained stable at 5.35%, with EBITDA margin at 7.35%.

• The company maintained a strong focus on high-end product development, green transformation, and digital upgrades.

• No interim dividend was declared; capital allocation focused on R&D and strategic investments.

Financial highlights

• Operating income: ¥50.92 billion, down 3.18% year-over-year.

• Net profit attributable to shareholders: ¥549.63 million, down 16.74% year-over-year.

• EBITDA margin: 7.35%; basic EPS: ¥0.0714.

• Operating cash flow: ¥646.64 million, down 70.90% year-over-year.

• Total assets at period end: ¥123.61 billion; equity attributable to shareholders: ¥50.32 billion.

Outlook and guidance

• The company will continue to focus on high-quality development, innovation, and green transformation.

• Strategic emphasis on expanding high-end product lines and digitalization.

• Ongoing implementation of quality and return enhancement plans.