002557.CS
Qiaqia Food Releases 2026 Interim Report with Net Profit of 246 Million Yuan
Qiaqia Food has released its 2026 interim report. The company's total operating revenue was 3.506 billion yuan, and net profit attributable to the parent company was 246 million yuan. Net cash inflow from operating activities was 100 million yuan, down 38.99% from the same period last year. The company's latest asset-liability ratio was 44.04%, gross margin was 25.87%, ROE was 4.83%, and diluted earnings per share was 0.49 yuan.
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Qiaqia Food's first-half net profit attributable to parent surges 177.4% year-on-year to 246 million yuan
Qiaqia Food released its 2026 interim report, with first-half net profit attributable to the parent company surging 177.4% year-on-year to 246 million yuan. Operating revenue was 3.51 billion yuan, up 27.4% year-on-year; net profit attributable to the parent after deducting non-recurring items was 202 million yuan, up 368.4% year-on-year; and net operating cash flow was 100 million yuan, down 39.0% year-on-year. In the second quarter, operating revenue was 1.28 billion yuan, up 8.7% year-on-year, net profit attributable to the parent was 77.61 million yuan, up 581.2% year-on-year, and net profit attributable to the parent after deducting non-recurring items successfully turned from a loss of 14.99 million yuan in the same period last year to a profit of 52.86 million yuan. The company said the earnings growth mainly benefited from sales during the Spring Festival and promotion of new products, while it also actively expanded overseas markets and strengthened its e-commerce livestreaming presence.
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Qiaqia Food first-half net profit 246 million yuan, up 177.38% year on year
Qiaqia Food disclosed its 2026 half-year report. In the first half, it achieved operating revenue of 3.506 billion yuan, up 27.39% year on year. Net profit attributable to shareholders of the listed company was 246 million yuan, up 177.38% year on year. Basic earnings per share were 0.4869 yuan. The company said that because the Spring Festival fell in a different period in the first quarter, sales of Spring Festival gift boxes and all-nut products grew rapidly, while Kuizhen, Dazi melon seeds, and other snack products also grew.
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US Import Restrictions Hit Qiaqia, Synear, and Septwolves; Three Companies Say Real Impact Is Limited
A US Department of Homeland Security working group has updated its import restriction list targeting China, adding brands including Qiaqia Food, Synear Foods, and Septwolves, effective August 3. Qiaqia Food's overseas revenue in 2025 accounts for less than 9 percent of total revenue, with direct exports to the US making up an extremely low share. The company expects a net profit attributable to shareholders of between 240 million and 265 million yuan for the first half of the year, a sharp year-on-year increase of 170.8 percent to 199.0 percent. Its share price rebounded after a slight pullback following the announcement. Septwolves' overseas revenue in 2025 was just 7.81 million yuan, representing 0.25 percent of total revenue, with negligible exports to the US. The company forecasts a first-half loss of 19.5 million to 29 million yuan, mainly due to fair value changes in trading financial assets, while its non-recurring net profit is expected to grow by 301.97 percent to 494.37 percent. Its share price rose against the market trend after the list was published. Synear Foods is not listed on the A-share market. Its frozen products involve high cold-chain costs and limited overseas expansion, and it already built and put into operation a local factory in Los Angeles back in 2018, which is not subject to this import ban targeting Chinese factories. All three companies have their core markets domestically, with limited direct export volumes to the US. The secondary market reaction has been calm, with no sharp declines.
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Qiaqia Food Chairman Chen Xianbao Increases Stake by Nearly 30 Million Yuan
Qiaqia Food announced that its actual controller, chairman, and general manager Chen Xianbao increased his holdings by a total of 1,594,600 shares through centralized bidding on the Shenzhen Stock Exchange between June 24 and July 23, 2026, representing 0.32% of the company's total share capital, with a total investment of 29,995,600 yuan. The share purchase plan, which runs for six months starting June 24, 2026, aims for a total investment of no less than 30 million yuan and no more than 60 million yuan, funded by self-owned and self-raised capital. As of now, the plan has not been fully executed, and Chen Xianbao will continue to purchase shares as planned. Prior to this, Chen Xianbao did not directly hold any company shares, only indirectly holding 3,180,600 shares through an employee stock ownership plan. This purchase does not set a price range and will be carried out opportunistically based on stock price fluctuations.
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Shenzhen consumer sector sees wave of upbeat half-year forecasts, with Yanjing Beer among companies posting strong profit growth
In the first half of 2026, a number of consumer companies listed on the Shenzhen Stock Exchange have issued positive earnings forecasts, as policies to boost consumption continue to take effect. Yanjing Beer expects net profit attributable to shareholders of 1.379 billion to 1.489 billion yuan, up 25 to 35 percent year on year, with its core product Yanjing U8 maintaining nearly 30 percent growth in the first quarter. Qiaqia Food forecasts net profit attributable to shareholders to rise by 170.75 to 198.96 percent year on year, driven by product upgrades and expansion into emerging channels. Yisheng Livestock & Poultry Breeding expects net profit attributable to shareholders of 270 million to 300 million yuan, a sharp year-on-year increase of 4,286.61 to 4,774.01 percent, benefiting from a strong white-feather broiler industry. Xiantan Co. forecasts net profit attributable to shareholders of 170 million to 181 million yuan, up 24.33 to 32.37 percent year on year, as capacity release in prepared foods fuels growth. Bairun Investment Holding expects net profit attributable to shareholders to rise by 19.51 to 25.94 percent year on year, with progress in both its pre-mixed cocktail and whisky businesses.
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