PRINX CHENGSHAN (01809.HK): 2026 interim results, profit attributable to shareholders of RMB 414 million, down 18.5% year on year

NewTimeSpace News: On 18 August 2026, PRINX CHENGSHAN (01809.HK) announced its 2026 interim results, with total revenue of RMB 5.786 billion, up 1.42% year on year; net profit of RMB 414 million, down 18.51% year on year; profit attributable to shareholders of RMB 414 million, down 18.5% year on year; and earnings per share of RMB 0.65.

In terms of profitability, PRINX CHENGSHAN's gross profit changed from RMB 948 million in the same period last year to RMB 975 million in the current period, an increase of RMB 27.498 million; gross margin changed from 16.61% in the same period last year to 16.85% in the current period, up 0.24 percentage points; net profit changed from RMB 508 million in the same period last year to RMB 414 million in the current period, a decrease of RMB 93.943 million; and net margin changed from 8.9% in the same period last year to 7.15% in the current period, down 1.75 percentage points.

In terms of earnings quality, PRINX CHENGSHAN's operating profit changed from RMB 507 million in the same period last year to RMB 461 million in the current period, a decrease of RMB 45.789 million; operating margin changed from 8.89% in the same period last year to 7.97% in the current period, down 0.92 percentage points; net cash generated from operating activities changed from an inflow of RMB 219 million in the same period last year to an inflow of RMB 379 million in the current period, an increase of RMB 161 million; and net operating cash flow as a percentage of total operating revenue changed from 3.83% in the same period last year to 6.56% in the current period, up 2.72 percentage points.

In terms of financial soundness, PRINX CHENGSHAN's debt-to-asset ratio changed from 38.65% in the same period last year to 40.53% in the current period, up 1.88 percentage points; total equity changed from RMB 6.738 billion in the same period last year to RMB 7.164 billion in the current period, an increase of RMB 426 million; cash and cash equivalents changed from RMB 316 million in the same period last year to RMB 724 million in the current period, an increase of RMB 408 million; current liabilities changed from RMB 3.544 billion in the same period last year to RMB 4.082 billion in the current period, an increase of RMB 538 million; and the quick ratio changed from 0.98 in the same period last year to 1.1 in the current period, up 0.12.

In terms of R&D investment, PRINX CHENGSHAN's R&D expenses changed from RMB 112 million in the same period last year to RMB 128 million in the current period, an increase of RMB 16.538 million; and R&D as a percentage of total revenue changed from 1.96% in the same period last year to 2.22% in the current period, up 0.26 percentage points.