Do-Fluoride New Materials (002407) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached ¥7.04 billion, up 62.55% year-over-year, with net profit attributable to shareholders at ¥512 million, a surge of 897.19% year-over-year. Operating cash flow increased 1,186.76% to ¥336 million.

• Growth was driven by robust demand in new energy, energy storage, and electric vehicle sectors, with core product lithium hexafluorophosphate benefiting from improved supply-demand dynamics and higher sales volumes and prices.

• The company maintained a vertically integrated industrial chain, enhancing cost control and profitability, and continued to invest in R&D and capacity expansion.

Financial highlights

• Revenue: ¥7.04 billion, up 62.55% year-over-year.

• Net profit attributable to shareholders: ¥512 million, up 897.19% year-over-year.

• Basic and diluted EPS: ¥0.43, up 975% year-over-year.

• Operating cash flow: ¥336 million, up 1,186.76% year-over-year.

• Gross margin for new energy materials: 35.34%; new energy batteries: 11.91%.

• Total assets: ¥28.96 billion, up 16.22% from year-end 2025.

Outlook and guidance

• The company plans to continue expanding R&D and production capacity in high-end fluorine-based materials, electronic chemicals, and new energy battery sectors.

• Focus remains on vertical integration, cost optimization, and strengthening global market presence, especially in lithium battery materials.

• Ongoing investment in next-generation battery materials and international expansion is expected.