China Jushi Co. (600176) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached ¥11.16 billion, up 22.5% year-over-year, with net profit attributable to shareholders at ¥2.93 billion, up 73.87% year-over-year.

• Gross margin and profitability improved due to higher sales volumes and increased product prices, especially in core glass fiber and electronic fabric segments.

• Cash flow from operating activities rose 68.23% year-over-year to ¥2.42 billion.

• Proposed interim dividend: ¥3.30 (pre-tax) per 10 shares, totaling ¥1.32 billion.

Financial highlights

• Operating income: ¥11.16 billion (+22.5% YoY); net profit: ¥2.93 billion (+73.87% YoY).

• EBITDA/total debt ratio improved to 0.2186; interest coverage ratio rose to 27.23.

• Basic and diluted EPS: ¥0.7391 (+75.39% YoY); ROE: 9.06% (+3.57pp YoY).

• Cash flow from operations: ¥2.42 billion (+68.23% YoY).

• Total assets: ¥57.65 billion (+5.53% from year-end 2025); net assets: ¥33.15 billion (+6.63%).

Outlook and guidance

• Management expects continued growth in core glass fiber and electronic fabric demand, with ongoing capacity expansion and product upgrades.

• Focus on innovation, digital transformation, and green manufacturing to sustain long-term competitiveness.

• Ongoing risk management for global trade, raw material prices, and policy changes.