Baolong Automotive's Net Profit Rises 95.79% in H1 2026

Edited by Aya From Gasgoo
Main productsRubber-Metal Components: Valve stems (metal/rubber/TPMS valves), wheel weights, aluminum components (reservoirs, evaporator inlet/outlet pipes, brackets, couplings), composite busbars Intelligent Suspension Intelligent Suspension Systems: Standalone air springs, body acceleration sensors, integrated single/dual-chamber air spring & damper strut assemblies, air suspension controllers (ECU), air reservoirs, air supply units (open/closed loop), active suspension electro-hydraulic pumps, ride height sensors Air Springs Passenger Vehicle Air Springs: Air spring & damper assemblies, standalone air springs Commercial Vehicle Air Springs: Rolling lobe (diaphragm) air springs, convoluted air springs, sleeve-type air springs Metal Tubular Components Exhaust System Components: Decorative exhaust tips (exhaust-mounted/bumper-mounted), hot-end pipes EGR pipes, roof rails, metal brackets Lightweighting Radiator support tubes, front subframe tubes, instrument panel cross-car beams, rear crash beams, side structure longitudinal members, side rails/axle beams (SUV), rear subframe tubes, twist beams Tire Pressure Monitoring Systems (TPMS) Transmitters: OEM/AM TPMS transmitters, dual-frequency/multi-protocol transmitters, programmable transmitters, tire blowout monitoring sensors Reception and control: TPMS receivers/controllers, integrated solutions for vehicle instrument clusters and infotainment systems TPMS tools and accessories: TPMS valve stems, seals Sensors Pressure sensors: A/C pressure sensors, oil pressure sensors, EGR differential pressure sensors, urea pressure sensors, fuel vapor pressure sensors, intake air pressure/temperature sensors, vacuum pressure sensors, canister purge pressure sensors, GPF/DPF differential pressure sensors, combined temperature and pressure sensors Optical sensors: Light/sunlight sensors; rain/light/sunlight/HUD sensors; rain/light/sunlight/temperature/humidity/HUD sensors; aerosol sensors Speed ​​sensors: Transmission speed sensors, wheel speed sensors Position sensors: Pedal position sensors, steering wheel angle/torque sensors, vehicle height sensors, brake position sensors, torque/angle sensors, motor position sensors, seat position sensors, transmission input/output position sensors, brake wear sensors, rear-wheel steering displacement sensors Current sensors: Fluxgate current sensors, single-module Hall current sensors, dual-module Hall current sensors, integrated current sensors, IBS current sensors Acceleration / Yaw Rate Sensors: Single-axis acceleration sensors, yaw rate sensors, RNC noise cancellation modules, 9-axis modules Intelligent Driving Components Cameras: Surround-view cameras, perception cameras, in-cabin cameras Radars: 4D radars, forward-facing radars, corner radars, satellite radars, blind-spot monitoring radars, in-cabin radars Domain Controllers: Monocular integrated camera (FVCM), integrated driving-parking domain controller (ADCU) Ultrasonic Radars: Automatic parking radars Embodied AI / Low-altitude Aircraft Sensors Robot/Low-altitude Aircraft Cameras: 3MP surround-view, 3MP perimeter-view, 2MP isomorphic stereo, 8MP isomorphic stereo Robot Joint Modules: Joint modules, joint modules with inductive absolute dual encoders Robot Force Sensors: 6-axis force sensors (robotic arms), 6-axis force sensors (collaborative arms), 6-axis force sensors (wrists), 1-axis force/torque sensors, joint torque sensors
Main productsNew Energy Vehicles Module Products: DC Fast Charging Modules, Energy Storage and Charging Modules, On-board Power Modules Monitoring Products: Charging Control Modules, Charging Cloud Platform System Products: Standard DC EV Chargers, Split-type Charging Systems, Fully Liquid-cooled Supercharging Systems, AC EV Chargers, V2G EV Chargers

Gasgoo Munich- Baolong Automotive released its 2026 semi-annual report on August 26. Revenue climbed to 4.684 billion yuan in the first half — an 18.6% annual increase. Net profit attributable to shareholders jumped 95.8% to 264 million yuan. Excluding non-recurring items, profit rose 40.3% to 138 million yuan, while basic earnings per share surged 96.8% to 1.24 yuan.

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Image source: Baolong Automotive

Breaking it down by quarter, second-quarter revenue hit 2.444 billion yuan, a 19.5% year-on-year rise. Net profit for the period surged 386.3% to 192 million yuan, while non-recurring profit climbed 187% to 47.47 million yuan.

By business unit, smart suspension stood out. Revenue surged 74.4% to 1.111 billion yuan, boosting its share of total revenue from 16.5% a year earlier to 24.3%. Meanwhile, TPMS, accessories, and tools brought in 1.248 billion yuan, up 3.3%. Revenue from automotive metal tubing rose 6.4% to 791 million yuan, and sensor sales climbed 4.7% to 385 million yuan.

The company attributed the growth in core revenue to product lines like smart suspension and ADAS, with steady gains also recorded in metal tubing, TPMS, and sensors.

As of the end of June, total assets reached 12.797 billion yuan — an 8% increase from the end of last year. Net assets belonging to shareholders rose 3.7% to 3.372 billion yuan. The debt-to-asset ratio stood at 70.55%, while gross margin for the reporting period was 22.47%.

Separately, Baolong Automotive proposed an interim dividend for 2026, planning to pay a cash dividend of 3.8 yuan for every 10 shares (tax inclusive).

Baolong AutomotiveSupplierCompany Insights
Location: China/Shanghai/Shanghai/Songjiang District
Main productsRubber-Metal Components: Valve stems (metal/rubber/TPMS valves), wheel weights, aluminum components (reservoirs, evaporator inlet/outlet pipes, brackets, couplings), composite busbars Intelligent Suspension Intelligent Suspension Systems: Standalone air springs, body acceleration sensors, integrated single/dual-chamber air spring & damper strut assemblies, air suspension controllers (ECU), air reservoirs, air supply units (open/closed loop), active suspension electro-hydraulic pumps, ride height sensors Air Springs Passenger Vehicle Air Springs: Air spring & damper assemblies, standalone air springs Commercial Vehicle Air Springs: Rolling lobe (diaphragm) air springs, convoluted air springs, sleeve-type air springs Metal Tubular Components Exhaust System Components: Decorative exhaust tips (exhaust-mounted/bumper-mounted), hot-end pipes EGR pipes, roof rails, metal brackets Lightweighting Radiator support tubes, front subframe tubes, instrument panel cross-car beams, rear crash beams, side structure longitudinal members, side rails/axle beams (SUV), rear subframe tubes, twist beams Tire Pressure Monitoring Systems (TPMS) Transmitters: OEM/AM TPMS transmitters, dual-frequency/multi-protocol transmitters, programmable transmitters, tire blowout monitoring sensors Reception and control: TPMS receivers/controllers, integrated solutions for vehicle instrument clusters and infotainment systems TPMS tools and accessories: TPMS valve stems, seals Sensors Pressure sensors: A/C pressure sensors, oil pressure sensors, EGR differential pressure sensors, urea pressure sensors, fuel vapor pressure sensors, intake air pressure/temperature sensors, vacuum pressure sensors, canister purge pressure sensors, GPF/DPF differential pressure sensors, combined temperature and pressure sensors Optical sensors: Light/sunlight sensors; rain/light/sunlight/HUD sensors; rain/light/sunlight/temperature/humidity/HUD sensors; aerosol sensors Speed ​​sensors: Transmission speed sensors, wheel speed sensors Position sensors: Pedal position sensors, steering wheel angle/torque sensors, vehicle height sensors, brake position sensors, torque/angle sensors, motor position sensors, seat position sensors, transmission input/output position sensors, brake wear sensors, rear-wheel steering displacement sensors Current sensors: Fluxgate current sensors, single-module Hall current sensors, dual-module Hall current sensors, integrated current sensors, IBS current sensors Acceleration / Yaw Rate Sensors: Single-axis acceleration sensors, yaw rate sensors, RNC noise cancellation modules, 9-axis modules Intelligent Driving Components Cameras: Surround-view cameras, perception cameras, in-cabin cameras Radars: 4D radars, forward-facing radars, corner radars, satellite radars, blind-spot monitoring radars, in-cabin radars Domain Controllers: Monocular integrated camera (FVCM), integrated driving-parking domain controller (ADCU) Ultrasonic Radars: Automatic parking radars Embodied AI / Low-altitude Aircraft Sensors Robot/Low-altitude Aircraft Cameras: 3MP surround-view, 3MP perimeter-view, 2MP isomorphic stereo, 8MP isomorphic stereo Robot Joint Modules: Joint modules, joint modules with inductive absolute dual encoders Robot Force Sensors: 6-axis force sensors (robotic arms), 6-axis force sensors (collaborative arms), 6-axis force sensors (wrists), 1-axis force/torque sensors, joint torque sensors
IncreaseSupplierCompany Insights
Location: China/Guangdong/Shenzhen/Nanshan District
Main productsNew Energy Vehicles Module Products: DC Fast Charging Modules, Energy Storage and Charging Modules, On-board Power Modules Monitoring Products: Charging Control Modules, Charging Cloud Platform System Products: Standard DC EV Chargers, Split-type Charging Systems, Fully Liquid-cooled Supercharging Systems, AC EV Chargers, V2G EV Chargers

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