Ruentai Secures 5.9 Billion Yuan in Orders, Ensuring Stable Operations
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- Ruentai Interior Decoration Design Engineering (6881) reported robust order momentum for 2026, adding 28 new projects worth approximately 2.1 billion yuan.
- The company's current backlog stands at 5.9 billion yuan, with 2.3 billion yuan yet to be recognized in revenue, providing strong support for future earnings.
- Ruentai's first-half performance showed stable revenue, improved gross profit margin to 21%, and a year-on-year increase in earnings per share to 9.51 yuan.
Ruentai Interior Decoration Design Engineering (6881) is experiencing strong order momentum heading into 2026, having secured 28 new projects to date this year, totaling approximately 2.1 billion yuan in new contracts. The company's current order backlog has reached 5.9 billion yuan, with 2.3 billion yuan of this amount not yet recognized in revenue. This substantial project pipeline provides a solid foundation for the company's future revenue streams.
Financially, Ruentai reported stable revenue for the first half of the year, amounting to 1.18 billion yuan, consistent with the previous year. The company benefited from efficient project execution and optimized cost controls, leading to an improved gross profit margin from 19% to 21%. This resulted in operating profit of 176 million yuan and earnings per share of 9.51 yuan, an increase from 8.51 yuan in the same period last year, demonstrating a steady profit performance.
Looking ahead, Ruentai is optimistic about the demand for corporate headquarters and high-specification factory renovations driven by the expansion of the AI and semiconductor industries. The company plans to leverage its integrated design and engineering expertise to actively pursue large-scale projects in areas such as transportation infrastructure development, commercial centers, office buildings, and high-end residential facilities. Ruentai is also investing in smart and multi-functional space design and construction to strengthen its market competitiveness and expand its business scope.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.