ShenZhen YUTO Packaging Technology (002831) H1 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached ¥8.21 billion, up 0.23% year-over-year; net profit attributable to shareholders was ¥574.91 million, up 1.10% year-over-year.

• Gross margin improved to 25.04% from 23.04% year-over-year, with cost control and product mix optimization.

• Overseas revenue grew 8.97% year-over-year, now 39.59% of total sales, reflecting global expansion.

• The company maintained its leading position in premium paper packaging and expanded into new materials and precision manufacturing.

Financial highlights

• Operating income: ¥8.21 billion (+0.23% YoY); net profit: ¥574.91 million (+1.10% YoY).

• Operating cash flow: ¥1.55 billion, down 3.54% YoY; basic EPS: ¥0.45 (+2.27% YoY).

• Gross margin: 25.04% (up 2.00 ppts YoY); R&D investment: ¥387.76 million (-3.09% YoY).

• Total assets: ¥22.51 billion; net assets: ¥11.39 billion.

• Non-recurring profit: ¥23.73 million, mainly from government subsidies and fair value changes.

Outlook and guidance

• The company will continue to focus on global expansion, digital transformation, and AI-driven business opportunities.

• Plans to strengthen its position in premium packaging and accelerate growth in new materials and precision manufacturing.

• Management expects continued growth in overseas markets and further improvement in operational efficiency.