Ningbo Yibin Electronic Technology Co. Ltd. Cl A

Yibin Technology released its 2026 interim report. The company's total operating revenue was 994 million yuan, and net profit attributable to the parent was a loss of 102 million yuan, a decrease of 74.5859 million yuan compared with the same period last year, with the loss widening. Net cash flow from operating activities was a negative 50.8215 million yuan, down 271.97% year-on-year. The company's asset-liability ratio was 74.28%, gross margin was 10.56%, ROE was negative 9.23%, and diluted earnings per share was negative 0.83 yuan.

Yibin Technology disclosed its earnings forecast, expecting a net loss attributable to the parent company of 75 million to 100 million yuan in the first half of 2026, compared with a loss of 27.5498 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 80 million to 110 million yuan, compared with a loss of 31.0541 million yuan in the same period last year. Basic loss per share is expected to be 0.6061 yuan to 0.8082 yuan. The company stated that the change in performance was mainly affected by intensified competition in the automotive industry and adjustments in customer structure, with declining sales prices leading to a drop in overall gross margin. At the same time, the increase in the proportion of domestic customer sales led to a rise in accounts receivable, and the expansion of bank loans pushed up financial expenses. In addition, factors such as higher inventory safety stock levels, changes in product mix, and orders from newly established subsidiaries falling short of expectations also dragged down operating performance.