Views: 23 Author: Site Editor Publish Time: 2025-08-28 Origin: Site
With the disclosure of the 2025 semi-annual report, the good news that Canlon’s operating performance has improved significantly has attracted attention from many parties.
During the reporting period, Canlon achieved revenue of 1.148 billion yuan, a slight decrease of 5.92% year-on-year; net profit attributable to shareholders of the parent was 25.8124 million yuan, a surge of 232.48% year-on-year; operating cash flow was 50.1740 million yuan, a surge of 116.34% year-on-year; basic earnings per share was 0.07 yuan, a surge of 250.00% year-on-year.
The profit data this time is encouraging, and the "dual main businesses" of new building waterproof materials business and new display panel detection and compensation repair business have contributed greatly to this. It has demonstrated strong development momentum, further optimized and adjusted the revenue structure, reshaped the corporate development ecology, and made full preparations for entering a new cycle.
In the semi-annual report, the management discussion and analysis reviewed the company's main operating results in detail.
The product system is constantly improving and innovation leading
After extensive pioneering research and formula optimization experiments, Canlon pioneered breakthroughs in the production and application of polymer self-adhesive membranes in China. By developing its own formula and installation equipment, Canlon has achieved mass production of MBP polymer adhesives, sheets, and finished products, securing a combined advantage in production technology and construction application systems in this market segment. Upon its launch, Canlon's MBP polymer self-adhesive membrane waterproofing membrane quickly gained market acceptance and became one of its core products.
TPO and PVC waterproof membranes are polymer waterproof materials commonly used in Europe and the United States. Hundreds of millions of R&D funds and a large number of engineering practices have established Canlon's prominent position in the field of domestic polymer waterproof materials. Canlon’s products have successively obtained a series of authoritative recognitions such as EU CE certification, REACH testing, UK BBA certification, US FM certification, LARR certification, and Swiss SGS certification. These products are exported to the United States, the United Kingdom, Norway, Singapore, Australia, Egypt and other countries. Relying on the polymer industrial park, Canlon strives to build an internationally leading TPO and PVC waterproof membrane production line. Moreover, Canlon was the first to realize G-type and GL-type TPO and PVC waterproof materials, and its products have obvious advantages in dimensional stability, weather resistance, and wind resistance. Based on the excellent performance of Canlon's polymer materials, it has developed the TMP® steel-plastic integrated panel system to fill the gap in roofing system solutions. In addition, Canlon has also developed a "full life cycle photovoltaic roof system" (abbreviated as "CSPV" system
System), used in industrial and commercial photovoltaic rooftop scenarios, to protect the 25-year long life cycle of rooftop distributed photovoltaics.
Technically, Canlon will focus on underground space waterproofing and roofing projects, and unswervingly "specialize, refine, distinguish and strengthen" polymer materials, actively play the role of innovation subjects, accelerate the gathering of innovation resources, and speed up the transformation of scientific and technological achievements.
Brand awareness and recognition have been significantly improved
Brand awareness is a crucial pillar for waterproofing companies. During the reporting period, Canlon continuously enhanced the brand's visibility through the joint promotion and collaborative efforts of multiple departments, including the Project Application Department, Planning Department, Design Institute Promotion Department, Engineering Technology Center, Roofing Technology Center, and Marketing Management Center. This collaborative effort involved offline activities such as investment promotion conferences, dealer conferences, and technical exchange meetings, as well as online promotion through multi-channel media.
The marketing system takes active actions and makes progress in both process and results
Canlon continues to optimize its sales structure, further increasing the proportion of distribution. Canlon is vigorously developing a dealer model, continuously working hard to develop dealers, promote design institutes, and obtain brand shortlists. By expanding its channels and rationally adjusting regional sales resources, Canlon has maintained rapid growth in operating income from distribution channels, continuously increasing the proportion of distribution, improving operating quality, and reducing operating risks.
In addition, Canlon is also actively exploring new market areas and continues to vigorously expand the vast markets in industrial construction, infrastructure, mining, photovoltaics, flooring and other fields.
Improved customer quality and increased sales returns
During the reporting period, in the waterproofing business segment, Canlon proactively reduced cooperation with customers with long payment cycles and, through active accounts receivable management, increased the proportion of cash received from sales of goods and services to current operating income by 23.77% year-on-year compared to the same period in 2024. This reversed the long-term negative ratio of cash received from sales of goods and services to current operating income.
Towards a new cycle
Faced with a market full of challenges and uncertainties, and industry ups and downs, Canlon will continue to innovate and explore, while also doing a good job of risk management, sticking to its R&D advantages, and continuously enhancing its brand influence, aiming to become a leading enterprise that is valuable to society and the industry.