Shen Zhen Bauing Construction Holding Group Co Ltd

Bauing Decoration released its 2026 interim report. Total operating revenue was 214 million yuan, and net profit attributable to the parent company was negative 18.4358 million yuan, an improvement of 5.3226 million yuan compared with the same period last year, marking a second consecutive year of increase. Net cash flow from operating activities was negative 13.0715 million yuan, ranking sixth among peer companies that have disclosed results. The company's latest asset-liability ratio was 97.55 percent, down 4.59 percentage points from the same period last year. Gross margin was 10.11 percent, up 1.45 percentage points from the previous quarter and up 1.93 percentage points from the same period last year, achieving a second consecutive year of increase. The latest return on equity was negative 59.12 percent, and diluted earnings per share was negative 0.01 yuan, an improvement of 0.01 yuan compared with the same period last year. The company had 32,600 shareholders, and the top ten shareholders held 630 million shares, accounting for 41.53 percent of total share capital.

Bao Ying Shares disclosed an earnings forecast, expecting a net loss attributable to the parent of 16.5 million to 23.5 million yuan in the first half of 2026, compared with a loss of 23.7584 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 16.6 million to 23.6 million yuan, compared with a loss of 23.9755 million yuan a year earlier. Basic loss per share is estimated at 0.01 to 0.02 yuan. The company stated that the loss was mainly affected by factors including intense competition in the building decoration industry, asset depreciation and amortization, and interest expenses on financing loans. In the future, the company will leverage the resource advantages of its controlling shareholder to improve the profitability of the construction segment, and promote investment in the optocoupler industry to drive business transformation and upgrading.