Dare Power Dekor Home Co., Ltd. operates in the wood-based panel and flooring businesses in China. It offers Shengxiang-branded flooring and Daya-branded wood-based panels, as well as three-layer and multi-layer solid wood flooring. The company was formerly known as Dare Technology Co., Ltd. and changed its name to Dare Power Dekor Home Co., Ltd. in October 2016. Founded in 1999, it is based in Danyang, China.
Dare Power Dekor Home hits limit-up seconds after open, notching 4 consecutive limit-ups; company says ultra-thin PCB fiberboard does not constitute a PCB component
On the morning of September 23, the PCB concept strengthened again, with Dare Power Dekor Home hitting limit-up seconds after the open and notching a 4-day streak of limit-ups. By the midday close, Zhongyi Technology was limit-up with a 20% gain, Yanmade Technology rose more than 10%, and Jitai and Yidian Electronics were limit-up. On the evening of September 22, Dare Power Dekor Home disclosed an announcement on abnormal stock trading fluctuations, stating that its main business is the research, development, production and sales of flooring, wood-based panels and aluminum strip products. Among them, the ultra-thin PCB fiberboard in its wood-based panel products is not an electronic component and does not constitute a part of PCB; it is only used as a support and protection layer beneath copper-clad laminates awaiting drilling. Revenue from this product accounts for a relatively small proportion of the company's operating revenue and has a relatively small impact on operating performance. A research report from Zheshang Securities said that as upstream PCB material prices continue to rise, price increases have begun to transmit to some PCB categories, and the effect of price increases will gradually become evident from the third quarter of 2026. A research report from Sinolink Securities believes that AI computing power construction is driving the expansion of high-end PCB production capacity, and the PCB equipment industry has entered a stage where cyclical upturn and structural upgrading proceed in parallel.
000910.CS · · Positive Hit limit-up for a 4th straight day on PCB concept momentum, though its own announcement says ultra-thin PCB fiberboard is not a PCB component and contributes little revenue.
301150.CS · · Positive Limit-up 20% amid the PCB concept rally, with no company-specific news cited.
688312.CG · · Positive Rose over 10% as part of the PCB concept rally, with no company-specific development cited.
Dare Power Dekor Home Swings to Loss in First Half, Gross Margin Falls, Cash Flow Negative
Dare Power Dekor Home's semi-annual report disclosed on August 27 shows that first-half operating revenue was 2.071 billion yuan, down 1.17 percent year on year. Net profit attributable to the parent company was negative 194 million yuan, down 643.59 percent year on year. Net profit attributable to the parent after deducting non-recurring items was negative 202 million yuan, down 788.23 percent year on year. Net cash flow from operating activities was negative 702 million yuan, down 2,153.57 percent year on year. The company's main businesses include flooring, wood-based panels, and aluminum strip, with the aluminum strip business officially starting production in the first half of 2026. In terms of revenue composition, medium and high density fiberboard revenue was 406 million yuan, accounting for 19.59 percent of total revenue, down 13.92 percent year on year. Wood flooring revenue was 921 million yuan, accounting for 44.46 percent of total revenue, down 32.05 percent year on year. Bamboo and stone plastic flooring revenue was 243 million yuan, accounting for 11.74 percent of total revenue, up 10.37 percent year on year. Wooden door and wardrobe business revenue was 45.7607 million yuan, accounting for 2.21 percent of total revenue, up 108.67 percent year on year. Aluminum strip business revenue was 439 million yuan, accounting for 21.19 percent of total revenue. During the reporting period, the company's gross margin was 12.98 percent, down 13.88 percentage points year on year. Period expenses were 480 million yuan, down 73.652 million yuan year on year, and the period expense ratio was 23.17 percent, down 3.24 percentage points year on year. As of June 30, 2026, the company's accounts receivable were 1.503 billion yuan, up 12 percent from the beginning of the year. Inventory was 1.955 billion yuan, up 18.77 percent from the beginning of the year. In the secondary market, the stock closed at 5.51 yuan per share on August 28, up 1.66 percent, and has fallen 24.21 percent cumulatively this year.
Dare Power Dekor Home Projects First-Half Loss, with Maximum Loss of 200 Million Yuan
Dare Power Dekor Home has issued its 2026 half-year performance forecast, projecting a net loss attributable to shareholders of the listed company of 160 million to 200 million yuan for the first half, compared with a profit of 35.6576 million yuan in the same period last year. The company explained that, affected by a sluggish market, domestic demand continued to decline, production and sales volumes of flooring and wood-based panel businesses kept falling, operating revenue continued to drop, and gross profit decreased, resulting in a negative net profit. This performance change is consistent with the attributions in the 2025 annual report and the 2026 first-quarter report, reflecting a structural and persistent deterioration in the company's operating difficulties. Previously, the company's net profit had declined for seven consecutive years. In 2025, full-year operating revenue was 4.575 billion yuan, down 14.49 percent year-on-year, and net profit was only 13.337 million yuan, down 90.41 percent year-on-year, with core subsidiary Shengxiang Group posting a net loss of 133 million yuan. In the first quarter of 2026, total operating revenue was 768 million yuan, down 2.58 percent year-on-year, net loss was 96.7369 million yuan, with the loss widening by 39.18 percent year-on-year, and gross margin fell to 16.66 percent from 22.04 percent in the same period last year.
000910.CS · Demand · Negative Company forecasts first-half net loss of 160-200 million yuan due to continued decline in domestic demand and falling sales volumes.
圣象集团 · Demand · Negative Core subsidiary Shengxiang Group posted a net loss of 133 million yuan in 2025, reflecting persistent demand weakness.
Dare Power Dekor Home forecasts a loss of 160 million to 200 million yuan in the first half of 2026
Dare Power Dekor Home disclosed its earnings forecast, expecting a net loss attributable to shareholders of 160 million to 200 million yuan in the first half of 2026, compared with a profit of 35.6576 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 170 million to 210 million yuan, versus a profit of 29.3458 million yuan a year earlier. Basic loss per share is projected at 0.29 yuan to 0.37 yuan. The company said the performance change was mainly due to a sluggish market, with domestic demand continuing to weaken. Production and sales volumes of flooring and wood-based panel businesses kept declining, operating revenue continued to fall, and gross profit decreased, resulting in a negative net profit.
China