en.Wedoany.com Reported - Anhui Xinke New Materials Co., Ltd. (600255.SH) released its semi-annual performance forecast for 2026 on July 13, 2026, expecting net profit attributable to parent company shareholders to reach RMB 40 million to RMB 50 million for the period from January to June 2026, representing a year-on-year increase of 102.74% to 153.42%. The company also expects non-recurring profit and loss-adjusted net profit to be RMB 34 million to RMB 44 million, up 73.86% to 124.98% year-on-year. Based on this estimate, the company's net profit for the second quarter is projected to be between RMB 24 million and RMB 34 million, a quarter-on-quarter increase of 43% to 103%.
Founded in 1998 and listed on the Shanghai Stock Exchange in 2000, Xinke Materials is headquartered in Wuhu City, Anhui Province. The company is primarily engaged in the research, development, production, and sales of copper-based alloy materials and irradiated specialty cables. Its main products include precision copper strips, copper conductor materials, and copper alloy wires, which are widely used in high-end manufacturing sectors such as electronic information, automotive, power, home appliances, and new energy. The company's core subsidiary, Anhui Xinke Copper Co., Ltd., is the main contributor to this performance growth.
According to the announcement, the main reasons for the performance growth during the reporting period include: the company's continued promotion of product structure adjustments, leading to increased sales of high-value-added products; enhanced inventory turnover and production organization arrangements, improving operational efficiency; and the positive impact of rising copper prices on profit margins. Under the combined effect of these factors, the company's profitability has significantly expanded.
The copper processing industry operates under a typical "copper price + processing fee" pricing model. In the first half of 2026, international copper prices remained generally high due to factors such as tight global supply and demand driven by new energy and AI computing infrastructure, benefiting copper processing companies through raw material inventory appreciation and product pricing. However, significant fluctuations in copper prices also impose higher demands on companies' inventory management capabilities. By strengthening inventory turnover and production organization, Xinke Materials effectively mitigated the risks of copper price volatility and capitalized on price increases, reflecting improvements in the company's supply chain management and operational efficiency.
This performance forecast indicates that Xinke Materials has achieved a significant improvement in profitability under a high copper price environment through product structure upgrades and operational efficiency enhancements. With the continued growth in demand for high-end copper-based materials in sectors such as electronic information, Automotive Industry" target="_blank">new energy vehicles, and AI computing infrastructure, the prosperity of the copper processing industry in which the company operates is expected to be sustained. However, uncertainties in copper price trends and fluctuations in downstream demand may still impact the company's subsequent operations.
