Double Medical 2026H1: Dental business revenue approximately RMB 40.24 million, up 14.90% year-on-year.Issuing time:2026-08-28 10:31
Net Profit Attributable to Shareholders of the Parent Company: RMB 353 million (+44.65% YoY) / Operating Revenue: RMB 1.340 billion (+10.69% YoY) / Sports Medicine Revenue Up 72.50% DentalGoodNews|August 27, 2026, Double Medical Technology Inc. (hereinafter referred to as "Double Medical") released its 2026 semi-annual report. During the reporting period, the company achieved operating revenue of RMB 1.340 billion, a year-on-year increase of 10.69%; net profit attributable to shareholders of the listed company (hereinafter referred to as "net profit attributable to shareholders of the parent company") reached RMB 353 million, up 44.65% year-on-year. Basic earnings per share stood at RMB 0.8648, up 43.97% year-on-year; weighted average return on equity was 9.43%, up 1.83 percentage points year-on-year. During the period, the company's net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, was RMB 279 million, up 25.10% year-on-year. Net cash flow from operating activities was RMB 276 million, up 4.87% year-on-year. During the reporting period, the company's overall gross margin was 74.45%, up 3.44 percentage points from the same period last year. Compared with the same period in 2025, the company's growth pace has shifted: in the first half of 2025, operating revenue and net profit attributable to shareholders of the parent company grew 25.55% and 76.69% year-on-year, respectively; in the first half of 2026, the growth rates of these two indicators moderated to 10.69% and 44.65%.
Regarding dental-related business, Double Medical achieved operating revenue of RMB 40.2362 million in the first half of the year, up 14.90% year-on-year, accounting for 3.00% of total revenue. According to previous reports by DentalGoodNews, Double Medical's dental product revenue in 2025 was RMB 71 million, and this semi-annual report data continues the growth momentum of this business segment. By region, the company's domestic market generated revenue of RMB 1.183 billion, up 12.41%; overseas market revenue was RMB 156 million, a slight decrease of 0.75% year-on-year, with the overseas revenue share adjusting from 13.02% in the same period last year to 11.67%. As of June 30, 2026, the company and its subsidiaries had obtained 1,315 medical device registration certificates and held 923 valid patents.
In terms of expenses, during the reporting period, the company's operating costs were RMB 342 million, down 2.45% year-on-year; selling expenses were RMB 351 million, up 8.77% year-on-year; administrative expenses were RMB 68.5503 million, down 13.25% year-on-year; R&D investment was RMB 168 million, up 4.84% year-on-year; financial expenses were a net income of RMB 3.0387 million, compared with a net expenditure of RMB 24.0489 million in the same period last year; income tax expenses were RMB 59.2130 million, up 49.91% year-on-year, mainly due to the increase in total profit for the period, which correspondingly increased income tax expenses. In addition, net cash flow from investing activities was -RMB 147 million, compared with -RMB 97 million in the same period last year, mainly due to increased purchases of wealth management products during the period; net cash flow from financing activities was -RMB 143 million, narrowing by 53.99% year-on-year, mainly due to the deferral of dividend payments to July of the current period. The company's net assets attributable to shareholders of the parent company stood at RMB 3.517 billion, a slight decrease of 1.50% from the end of the previous year. This change primarily stems from two equity-related expenditures: first, in July 2026, the company implemented its 2025 annual profit distribution plan, distributing a cash dividend of RMB 6 (tax inclusive) per 10 shares, totaling approximately RMB 243 million; second, the company continued to advance its share repurchase plan, cumulatively repurchasing 4,493,407 shares through centralized auction trading during the reporting period, accounting for 1.0853% of total share capital, with a repurchase amount of approximately RMB 185 million, recorded as treasury stock and offset against shareholders' equity.
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