Hangzhou Toka Ink Co. Ltd. A

Hanghua Shares released its 2026 interim report. Total operating revenue was 616 million yuan, up 7.89% year-on-year, and net profit attributable to the parent company was 49.6532 million yuan, up 6.77% year-on-year. Net cash inflow from operating activities was 68.4431 million yuan, ranking 58th among peer companies that have already disclosed results. The company's asset-liability ratio was 25.50%, gross margin was 24.52%, return on equity was 2.98%, and diluted earnings per share was 0.12 yuan, up 9.09% year-on-year. The number of shareholders was 11,100, and the top ten shareholders held 64.87% of the shares.

Hanghua Shares released its 2026 interim report on August 26. Leveraging an integrated layout of ink materials, functional materials, and photoresist materials, the company achieved growth in both revenue and profit. During the reporting period, operating revenue was 616 million yuan, up 7.89 percent year on year. Net profit attributable to the parent company was 50 million yuan, up 6.77 percent. Net profit after deducting non-recurring items was 47 million yuan, up 15.85 percent. Net cash flow from operating activities was 68 million yuan, down 29.18 percent year on year, mainly due to increased cash payments for purchasing goods. Key progress was made in domestic substitution of photoresist color pastes. Multiple products from subsidiary Zhejiang Dike passed downstream verification and entered small-batch supply. Among functional materials, an aluminum foil treatment agent for sodium batteries received its first orders. The company's R&D investment ratio remained at 4.26 percent, but it faces risks from raw material price fluctuations and the difficulty of rapidly scaling up the photoresist business in the short term.