China National Building Material Company Limited (CNBM) reported that its Shanghai-listed subsidiary, Ningxia Building Materials Group, recorded a sharp downturn in the first half of 2026.

Operating revenue fell 37.95% year-on-year to RMB 1.59 billion, reflecting weaker market demand and pricing pressure across the building-materials segment. The contraction in revenue translated into a 40.25% drop in pre-tax profit to RMB 81.22 million.

Net profit attributable to shareholders declined 45.29% to RMB 57.80 million, while profit after deducting non-recurring items retreated 41.84% to RMB 44.47 million. Basic and diluted earnings per share both slipped to RMB 0.12 from RMB 0.22 a year earlier.

Operating cash inflow contracted 69.66% to RMB 107.87 million, indicating tighter cash generation amid the earnings pressure. The subsidiary’s weighted average return on net assets narrowed to 0.78%, down 0.67 percentage points.

Balance-sheet metrics showed moderate erosion: total assets fell 4.86% versus end-2025 to RMB 9.32 billion, and net assets attributable to shareholders edged down 0.15% to RMB 7.36 billion.

CNBM noted that the detailed interim report for the six months ended 30 June 2026 will be available on the Shanghai Stock Exchange website. The Hong Kong-listed parent released this data voluntarily to keep investors informed.