Huatai Cable (605196): Overseas Business Maintains High Growth, Electrolytic Aluminum Project Successfully Operational

Net profit in the first quarter of 2026 increased by 54.76% year-over-year, in line with our expectations. The company released its 2025 annual report and first-quarter 2026 performance: In 2025, the company achieved revenue of 7.53 billion yuan, an increase of 18.64% year-over-year, with attributable net profit to shareholders.

CICCApr 29 08:07

Huaxia Cables' revenue in 2025 reached 7.53 billion yuan, increasing by 18.64%, while net profit fell to 286 million yuan, decreasing by 10.53%. However, cash flow turned positive from negative.

In 2025, the company's revenue reached RMB 7.53 billion, representing a year-on-year increase of 18.64%. However, net profit attributable to parent company shareholders amounted to RMB 286 million, marking a year-on-year decline of 10.53%. The primary reasons were a surge of 182.64% in financial expenses due to the Angola electrolytic aluminum project and sales expenses growing faster than revenue. Gross margin slightly increased to 15.20%, but net margin fell by 1.42 percentage points to 3.79%. Operating cash flow turned positive, reaching RMB 38.3369 million, reflecting improved operational efficiency but continued pressure on profitability.

lanjinger.comApr 28 18:07

The offshore wind power conference is about to be held, with the industry scale continuously expanding. These concept stocks have frequently been surveyed.

On May 26, the 6th Offshore Wind Power Innovation and Development Conference will be held in Nanjing, Jiangsu.

cls.cnApr 28 17:36

Huatong Cable: 2025 Annual Report of Huatong Cable

SZSIApr 28 00:00 · Announcements

Huatong Cable: Huatong Cable\'s First-Quarter Report for 2026

SZSIApr 28 00:00 · Announcements

Huatong Cable: Summary of Huatong Cable\'s 2025 Annual Report

SZSIApr 28 00:00 · Announcements