Suofeiya Reports Net Profit of 122 Million Yuan Excluding Non-Recurring Items for H1, with Operating Cash Flow Returning to Positive Territory

Deep News
Aug 26

In an evening announcement on August 26, Suofeiya Home Collection Co.,Ltd. released its semi-annual report for fiscal year 2026. During the first half of 2026, the domestic home furnishing market remained under pressure, with the custom home industry undergoing a deep adjustment cycle. Against this backdrop of overall industry decline, the company recorded operating revenue of 3.377 billion yuan for the reporting period, with net profit attributable to shareholders excluding non-recurring items reaching 122 million yuan.

During the reporting period, Suofeiya Home Collection Co.,Ltd. saw its operating cash flow surge by 146% year-on-year to 49.27 million yuan, signaling a marked improvement in its self-generated cash generation capability. The average transaction value per customer rose steadily, and the number of physical stores continued to grow, with the company's four major brand专卖 stores totaling approximately 3,500 as of June 30, 2026.

The company's overseas operations delivered an outstanding performance in the first half of the year, with revenue climbing 108% year-on-year to 71.39 million yuan. Suofeiya Home Collection Co.,Ltd. now works with 41 overseas distributors and has provided one-stop custom home furnishing solutions for multiple landmark projects worldwide, extending its business coverage to more than 50 countries and regions. According to the company, leveraging its asset-light model driven by a dual-track approach of high-end retail distributors and engineering projects, its overseas business is accelerating into a new growth curve, effectively offsetting the cyclical pressures observed in the domestic market.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10