China Satellite Communications Co Ltd

China

601698.CG▼3

China Satellite Communications reports first-half 2026 net profit of 113 million yuan, down 37.36% year on year

China Satellite Communications has released its 2026 interim report, with net profit attributable to the parent company of 113 million yuan, a decrease of 37.36% from the same period last year. Total operating revenue was 1.229 billion yuan, up 0.66% year on year, marking a second consecutive year of growth. Net cash inflow from operating activities was 240 million yuan, down 20.48% year on year. The company's latest asset-liability ratio was 9.82%, gross margin was 22.80%, return on equity was 0.71%, and diluted earnings per share was 0.03 yuan.

China Satellit… ▼

601698.CG · Capital · Negative Net profit down 37.36% year on year in H1 2026.

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Defense & Geopolitical Fragmentation▲impact 4

Long March 10B Makes Successful Maiden Flight, Achieving China's First Controlled Recovery of a Launch Vehicle

The Long March 10B launch vehicle has made a successful maiden flight, achieving China's first controlled recovery of a first stage, and also the world's first net-based recovery of a launch vehicle. The rocket was developed by the First Academy of China Aerospace Science and Technology Corporation. It is a two-stage liquid-propellant launch vehicle with a diameter of five meters, a liftoff thrust of approximately 890 tonnes, and a reusable-state low Earth orbit payload capacity of 16 tonnes. This mission successfully validated multiple key core technologies for first-stage reuse, with a first-stage reuse flight expected to be completed before the end of this year. In afternoon trading, commercial aerospace concept stocks surged. Youji shares hit the 30 percent daily limit up, while Hailanxin and Tongyizhong hit the 20 percent daily limit up. China Satcom and China Satellite, each with a market value of 100 billion yuan, hit their daily limit up in seconds.

Beijing Highla… ▲Beijing Tongyi… ▲China Spacesat… ▲China Satellit… ▲

Defense & Geopolitical Fragmentation ▲Space Economy ▲

About megatrends

Defense & Geopolitical Fragmentation › Space Defense & Missile Warning ▲Technology

Space Economy › Launch Services & Propulsion ▲Technology

Space Economy › Satellite & Spacecraft Manufacturing Competition

300065.CS · Technology · Positive Hailanxin hit 20% limit up; likely involved in aerospace electronics or components, benefiting from test success.

688722.CG · Technology · Positive Tongyizhong hit 20% limit up; likely supplier of new materials for aerospace, benefiting from successful test.

四川优机实业股份有限公司 (Sichuan Youji Industrial Co., Ltd.) · Technology · Positive Youji shares hit 30% limit up; likely supplier of industrial parts for aerospace, benefiting from test success.

600118.CG · Technology · Positive China Satcom is a satellite operator; successful rocket test boosts commercial aerospace sentiment, but not directly mentioned.

601698.CG · Technology · Positive China Satellite Communications is a satellite operator; positive sentiment from rocket test, but not directly mentioned.

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