Yihai International H1 2026 Net Profit Rises 21.4% as Revenue Tops RMB 3.35 Billion

Bulletin Express
Yesterday

Yihai International reported interim revenue of RMB 3.35 billion for the six months ended 30 June 2026, up 14.3% year-on-year. Net profit attributable to shareholders reached RMB 375.60 million, an increase of 21.4%. Basic earnings per share climbed to RMB 0.3872.

Gross profit advanced 29.8% to RMB 1.12 billion, lifting the gross margin to 33.6% from 29.5% a year earlier. Operating profit grew 27.1% to RMB 547.20 million, while the net margin improved to 11.8%.

By product, hot-pot condiments generated RMB 1.92 billion, contributing 57.5% of total revenue and rising 14.3%. Compound condiments delivered RMB 564.05 million, up 14.7%. Convenient ready-to-eat foods recorded RMB 793.66 million, an 11.9% increase. Sales to related parties accounted for 29.9% of revenue, broadly stable year-on-year.

Third-party distribution networks remained the largest external channel at RMB 1.62 billion, while newly reported direct sales to malls and supermarkets added RMB 353.86 million. E-commerce sales edged up 2.8% to RMB 180.90 million. Overseas third-party revenue surged 46.8% to RMB 279.10 million.

The balance sheet showed total assets of RMB 5.49 billion and total liabilities of RMB 758.40 million, producing an asset-liability ratio of 13.8%. Cash and cash equivalents stood at RMB 1.75 billion, with no bank borrowings outstanding. Inventory days improved to 39.4, and trade-receivable days shortened to 14.0.

The Board declared an interim dividend of HK$0.4188 (RMB 0.3623) per share, payable on or before 24 September 2026 to shareholders on record as of 15 September 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10