On July 15, A-share listed company Sifang New Material (605122) (605122) issued A semi-annual performance forecast, the company expects to turn around losses in January-June 2026, and the net profit attributable to shareholders of listed companies is 6 million to 9 million. Net profit increased by 122.79% to 134.19% year on year, with an estimated operating income of 428 million yuan.
The Company made the above forecast based on the following reasons: The main sales market of the Company's commercial concrete is Chongqing, and the main reasons for turning losses into profits in the first half of 2026 are: during the reporting period, The Ministry of Finance and the State Administration of Taxation issued the Announcement on the Connection of Preferential Policies for value-added tax after the Implementation of the Value-added Tax Law (Announcement No.10, 2026 of the Ministry of Finance and the State Administration of Taxation). According to the provisions of the document, from January 1, 2026 to December 31, 2027, the taxation method of commercial concrete and similar products of the Company will be adjusted from simple taxation to general taxation. After the adjustment of tax calculation method, the company's compliance deductible value-added tax input tax is no longer included in the cost of inventory production, which reduces the unit cost of products and increases the gross profit margin of product sales accordingly. At the same time, the company increased the collection of accounts receivable through negotiation, litigation and other measures, and continued to improve the structure of accounts receivable, resulting in a decrease in credit impairment compared with the same period last year. Therefore, the company achieved a turnaround in the first half of 2026.
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