Changes in Hong Kong stocks | Junda Co., Ltd. (02865) fell more than 5% year-on-year losses in the second quarter, and increased the decline in battery prices accelerated

The Zhitong Finance App learned that Junda shares (02,865) fell by more than 5%. As of press release, it fell 4.82% to HK$15.81, with a turnover of HK$33.0873 million.

According to the news, Junda Co., Ltd. announced its 2026 interim results. The group obtained revenue of RMB 3.151 billion (same unit), a year-on-year decrease of 13.81%; losses attributable to company owners amounted to RMB 253 million, a year-on-year decrease of 4.03%. Among them, in the second quarter, the company achieved operating income of 1,486 billion yuan, or 16.89% year-on-year; net profit to mother was 267 million yuan, increasing year-on-year losses and turning losses month-on-month.

CICC believes that the company's second-quarter results were lower than expected, mainly due to the accelerated decline in battery prices. The company shipped about 10GW of batteries in the first half of the year. The bank estimates that shipments in the second quarter were about 5GW, with overseas shipments accounting for about 50% in the first half of the year. According to Solarzoom data, TopCon (182) battery prices (tax included) fell about 23% month-on-month to 0.33 yuan/W in 2Q26, and battery profits continued to be under pressure in the second quarter.