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SUFA Technology Industry Co Ltd CNNC

SUFA Technology Industry Co., Ltd., CNNC engages in the research and development, design, manufacture, and sales of industrial valves in China and internationally. The company offers gate, globe, ball, regulating, diaphragm, check, butterfly, and other valves for industrial and engineering construction projects. It also provides petrochemical, power station and conventional island, public works, nuclear grade, LNG cryogenic, and coal chemical valves, as well as specialty products. In addition, the company involved in production, processing, and sales of forged parts, flanges, pipe fittings, valves, and hardware/machinery parts; sales of metal, building materials, hardware, and electricals; inspection and testing; general items; metrological services; technical development services; technical consultation, exchange, transfer, and promotion; and research and technology development of breath test reagents and testing instruments. SUFA Technology Industry Co., Ltd., CNNC was founded in 1952 and is headquartered in Suzhou, China.

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000777.CS

SUFA Technology Industry's 2026 interim report: revenue and net profit both decline, cash flow under pressure

SUFA Technology Industry released its 2026 interim report on August 25. Affected by a year-on-year decrease in delivered products, the company's revenue and profit both declined, and net cash outflow from operating activities expanded significantly. During the reporting period, operating revenue was 487 million yuan, down 30.86 percent year on year; net profit attributable to the parent company was 62 million yuan, down 18.90 percent; and non-GAAP net profit was 55 million yuan, down 16.06 percent. Net cash flow from operating activities was negative 483 million yuan, with the net outflow widening 57.02 percent compared with the same period last year, and cash and cash equivalents at the end of the period fell to 137 million yuan. The company plans to pay a cash dividend of 0.17 yuan per 10 shares before tax, totaling approximately 6.52 million yuan. Nuclear power and nuclear chemical products remained the revenue pillar, with revenue of 284 million yuan, accounting for 58.25 percent of the total, and gross margin rising 15.27 percentage points to 35.89 percent. Revenue from petroleum and petrochemical products was 122 million yuan, down 41.02 percent year on year. Revenue from other valves was 69 million yuan, down 55.92 percent year on year. Financial expenses rose 112.14 percent due to increased exchange losses. Investment income was 59 million yuan, accounting for as much as 98.63 percent of total profit, mainly from equity-method investment income and dividends from associates such as Shenzhen Zhonghe Headway Bio-Sci & Tech Co., Ltd.
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000777.CS

SUFA Technology's first-half net profit was 62.3042 million yuan, down 18.9% year on year

SUFA Technology announced on August 25 that in the first half of 2026 it achieved operating revenue of 487 million yuan, down 30.86% year on year; net profit attributable to shareholders of the listed company was 62.3042 million yuan, down 18.90% year on year.
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000777.CS

SUFA Technology Industry's 2026 interim net profit was 62.3042 million yuan, down 18.90% year on year

SUFA Technology Industry released its 2026 interim report. Total operating revenue was 487 million yuan, down 30.86% year on year. Net profit attributable to the parent company was 62.3042 million yuan, down 18.90% year on year. Net cash flow from operating activities was negative 483 million yuan, a decrease of 175 million yuan compared with the same period last year. The asset-liability ratio was 35.60%, gross margin was 24.76%, return on equity was 2.47%, and diluted earnings per share was 0.16 yuan. The company had 96,200 shareholders, and the top ten shareholders held 31.92% of the shares.
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Energy Transition & Power Demandimpact 4

Eight Nuclear Power Units Approved, Nuclear Sector Surges Against Market Trend with Multiple Stocks Hitting Limit Up

The State Council executive meeting decided to approve four nuclear power projects totaling eight units: the second phase of the Jinqimen Nuclear Power Plant in Zhejiang, the third phase of the Taipingling Nuclear Power Plant in Guangdong, the first phase of the Zhuanghe Nuclear Power Plant in Liaoning, and the first phase of the Laiyang Nuclear Power Plant in Shandong. This marks the first nuclear project approval of 2026 and the first batch approved during the 15th Five-Year Plan period. Total investment for these new projects will exceed 170 billion yuan. Boosted by the news, the nuclear power concept sector in the A-share market surged against the overall market trend. China Nuclear Engineering, LBT, Jiangsu Shentong, and Zhongyan Technology hit their daily limit up, while Western Metal Materials, Dongfang Electric, and China National Nuclear Corporation Technology followed with gains. China Galaxy Securities estimates that the eight domestically produced million-kilowatt third-generation nuclear units involve investment of over 170 billion yuan, which could drive total output of related industrial chains to approximately 500 billion yuan, directly benefiting the entire chain including nuclear equipment manufacturing, nuclear island construction, nuclear fuel cycle, and operation and maintenance. Caitong Securities believes this approval confirms the trend of large-scale and regularized nuclear power construction during the 15th Five-Year Plan period, continuously strengthening the sector's medium- to long-term prosperity and growth certainty.
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Energy Transition & Power Demand

State Council approves four nuclear power projects with total investment exceeding 170 billion yuan; multiple stocks in nuclear energy sector hit daily limit

The State Council executive meeting approved four nuclear power projects, including the first phase of the Zhuanghe project in Liaoning, totaling eight new units with an overall investment exceeding 170 billion yuan. Boosted by this news, the nuclear energy concept sector strengthened on August 3, with multiple stocks including China Nuclear Engineering, LIBERTY, Jiangsu Shentong, and Zhongyan Technology hitting their daily limit. GF Securities noted that nuclear power approvals have become routine, with eight to eleven units approved annually from 2022 to 2026, and the fifteenth Five-Year Plan period will see a peak in commissioning. However, market expectations fueled by policy tailwinds do not equate to listed companies' performance. Even within the nuclear power concept, corporate results vary. For example, China Nuclear Engineering's first-quarter 2026 revenue and net profit attributable to the parent fell 22.14 percent and 26.93 percent year-on-year respectively, while equipment manufacturer Hailu Heavy Industry saw revenue and net profit rise 6.77 percent and 40.33 percent year-on-year over the same period. Analysts believe the August 3 rally was more of a concentrated pricing of industry outlook expectations, and whether the momentum can be sustained depends on project progress, order realization, and the genuine delivery of profits and cash flow.
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