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| Source: Den康 Oral Care 2026 Interim Report |
2026 H1 Revenue and Profit Both Increase / Deducted Non-Recurring Net Profit Attributable to Shareholders Up 32.36% YoY / E-Commerce Channel Share Rises to 40.18%
DentalGoodNews|On August 21, 2026, Dencare (Chongqing) Oral Care Co., Ltd. (hereinafter referred to as "Dencare") released its 2026 semi-annual report. The report shows that in the first half of 2026, the company achieved operating revenue of RMB 961 million, a year-on-year increase of 14.16%; net profit attributable to shareholders of the listed company reached RMB 101 million, up 19.05% year-on-year; deducted non-recurring net profit attributable to shareholders was RMB 91.8324 million, up 32.36% year-on-year; net cash flow from operating activities amounted to RMB 81.9787 million, up 25.07% year-on-year; basic earnings per share stood at RMB 0.59, up 20.41% year-on-year.
According to previous reports by DGN, Dencare's operating revenue in the first quarter of 2026 was RMB 495 million, up 15.09% year-on-year; net profit attributable to shareholders of the listed company was RMB 52 million, up 20.01% year-on-year; deducted non-recurring net profit attributable to shareholders was RMB 47 million, up 32.06% year-on-year. Based on cumulative first-half data alone, the year-on-year growth rate of deducted non-recurring net profit attributable to shareholders (32.36%) exceeded that of revenue (14.16%) and net profit attributable to shareholders (19.05%). As of the end of the reporting period, the company's total assets stood at RMB 2.001 billion, with net assets attributable to shareholders of the listed company at RMB 1.473 billion.
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| Source: Den康 Oral Care 2026 Interim Report |
By product line, adult toothpaste remains Dencare's core revenue source, generating RMB 779 million in revenue during the reporting period, up 15.00% year-on-year, accounting for approximately 81.02% of total revenue. Adult toothbrush revenue reached RMB 95.6338 million, up 14.80% year-on-year. Electric toothbrushes achieved revenue of RMB 12.3721 million in the first half of the year, up 81.51% year-on-year. In contrast, children's toothbrush revenue was RMB 13.8798 million, down 6.54% year-on-year.
In terms of channel development, Dencare's e-commerce and other channels contributed RMB 386 million in revenue in the first half of the year, up 18.78% year-on-year, with its share of all channels rising to 40.18%. The report states that the company's offline channels implemented a strategy of "intensive distribution, strengthened KA, and coordinated development of e-commerce and new retail," achieving market share gains; online channels, through an integrated marketing approach of "focusing on hero products, refining content, and integrating brand and performance," continued to improve gross margin levels in e-commerce channels. Additionally, regarding overseas business expansion, Dencare stated that it officially entered the Vietnamese market during the reporting period and completed the establishment of a pilot overseas supply chain system.
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| Source: Den康 Oral Care 2026 Interim Report |
In terms of R&D and innovation, the company invested RMB 29.6023 million in R&D in the first half of the year, up 14.69% year-on-year. The company completed the development of 7 new products and obtained 10 domestic patent authorizations, including 1 invention patent.
On expense control, Dencare's selling expenses in the first half of the year totaled RMB 334 million, up 8.73% year-on-year. Administrative expenses increased by 23.78% year-on-year to RMB 35.2704 million, primarily due to increases in intermediary service fees. Financial expenses were RMB -5.5105 million, mainly affected by interest income.
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