Jiangsu Huaxicun Co Ltd

Huaxi Holdings released its 2026 interim report. Total operating revenue reached 1.888 billion yuan, up 12.34% year-on-year, marking a third consecutive year of growth. However, net profit attributable to the parent company was negative 175 million yuan, swinging from profit to loss year-on-year, a decline of 197.39%. Net cash inflow from operating activities was 14.3162 million yuan, down 90.60% year-on-year. The company's asset-liability ratio was 22.97%, gross margin was 8.39%, return on equity was negative 3.56%, and diluted earnings per share was negative 0.20 yuan. The number of shareholders was 63,700, and the top ten shareholders held 42.52% of total share capital.

Huaxi Holdings disclosed its earnings forecast, expecting a net loss attributable to shareholders of 169 million to 205 million yuan in the first half of 2026, compared with a profit of 180 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 172 million to 208 million yuan, versus a profit of 166 million yuan a year earlier. Basic earnings per share are projected at negative 0.19 yuan to negative 0.23 yuan. The company stated that its core business remains stable, and the loss is mainly due to a large provision for impairment of long-term equity investments, as an associate company accounted for under the equity method plans to advance a capital increase and share expansion.