Hengerda (300946.SZ) announced first-half results, with net profit of 29.2019 million yuan to mother, a year-on-year decrease of 32.26%

According to the Zhitong Finance App, Hengda (300946.SZ) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 358 million yuan, an increase of 12.00% over the previous year. Net profit attributable to shareholders of listed companies was 29.2019 million yuan, a year-on-year decrease of 32.26%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was RMB 284.12,200, a year-on-year decrease of 31.82%. Basic earnings per share were $0.19.

The main reasons are as follows: ① Increased share payment fees. The company implemented an employee equity incentive plan in March 2026. After deducting the impact of share payments, the company's net profit for the first half of the year was 37.1533 million yuan, a decrease of 13.82% over the same period last year. ② Increased investment in R&D. During the reporting period, the company's R&D expenses increased by 41.89% year-on-year, mainly due to the company's continuous increase in R&D investment in rolling functional components (including linear guide rail pairs, ball screw pairs, planetary roller screws, etc.) and high-precision thread grinders. ③ The benefits of overseas mergers and acquisitions have yet to be realized. During the reporting period, SMS achieved sales revenue of 19.7689 million yuan and net profit of 10.75 million yuan. SMS is currently in a period of transformation and upgrading of new product development results, supply chain optimization, and production cost control. By the end of the reporting period, the number of orders in hand had increased by 313.19% compared to the beginning of the year. With the gradual delivery of in-hand orders, SMS's profitability will gradually become apparent.