Beijing ZhongHong Dental Co., Ltd.: H1 2026 Revenue Reaches RMB 40.0351 Million, Up 68.38% Year-on-Year

Image source: Zhonghong Dental 2026 Semi-Annual Report

Revenue increased 68.38% YoY / Net profit attributable to shareholders of the parent company increased 82.94% YoY / Operating costs increased 65.22% YoY

DentalGoodNews｜Recently, Beijing ZhongHong Dental Co., Ltd. (NEEQ: 873323, hereinafter referred to as "ZhongHong Dental") released its 2026 semi-annual report. The report shows that from January to June 2026, the company achieved operating revenue of RMB 40.0351 million, an increase of 68.38% YoY, marking the first time semi-annual revenue exceeded RMB 40 million; net profit attributable to shareholders of the listed company was RMB 3.6633 million, an increase of 82.94% from RMB 2.0025 million in the same period last year; net cash flow from operating activities was RMB 7.8776 million, an improvement of 6286.05% YoY.

Operating costs were RMB 20.5672 million, an increase of 65.22% YoY. The cost growth rate was lower than the revenue growth rate, and the comprehensive gross margin rose from 47.64% in the same period last year to 48.63%, a slight increase of approximately 1 percentage point. Net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, was RMB 3.8171 million; basic earnings per share was RMB 0.2495, compared with RMB 0.1739 in the same period last year.

Image source: Zhonghong Dental 2026 Semi-Annual Report

On the expense side, selling expenses were RMB 2.0427 million, an increase of 754.45% YoY. The company disclosed that the main reason was increased marketing activities; administrative expenses were RMB 8.6676 million, an increase of 89.60% YoY. Both expense growth rates were higher than the revenue growth rate, but the comprehensive gross margin still improved slightly. As of June 30, 2026, the company's total assets were RMB 69.6084 million, an increase of 12.69% YoY; net assets attributable to shareholders of the listed company were RMB 23.1516 million, an increase of 18.80% YoY; the consolidated debt-to-asset ratio was 26.70%, down from 30.12% in the same period last year.

In terms of business scale, as of the end of the reporting period, ZhongHong Dental had invested in and managed 44 dental clinics, including 40 controlled and 4 equity-participated. During the reporting period, 6 new subsidiaries were added, located in Guangzhou, Dongguan, Shaoyang, Huaihua, Zhongfang, and Hangzhou, while 1 (Wuhan ZhongHong Huilin Youyijia) was deregistered and disposed of during the same period. The number of active employees was 376, an increase of 62 from 314 at the beginning of the period.

Regarding related-party transactions, during the reporting period, Zhang Shengping, spouse of the company's supervisor Wu Dongmei, provided property leasing services to the company. The actual amount of related-party transactions was RMB 219,200, with pricing based on market prices and approved by the shareholders' meeting.