Tianjin Saixiang Technology Co Ltd

Sai Xiang Technology released its 2026 interim report, with total operating revenue of 384 million yuan and net profit attributable to the parent company of 24.56 million yuan, a decrease of 37.76% compared with the same period last year. Net cash inflow from operating activities was 192 million yuan, the asset-liability ratio was 33.36%, the gross margin was 29.86%, ROE was 1.83%, and diluted earnings per share was 0.04 yuan. The number of shareholders was 48,500, and the top ten shareholders held 40.78% of the total share capital.

Saixiang Technology disclosed its 2026 semi-annual report on August 26. In the first half of the year, it achieved total operating revenue of 384 million yuan, up 11.72 percent year on year. Net profit attributable to the parent company was 24.5576 million yuan, down 37.76 percent year on year. Net profit after deducting non-recurring items was 18.4089 million yuan, down 49.85 percent year on year. Net cash flow from operating activities was 192 million yuan, compared with negative 109 million yuan in the same period last year. Basic earnings per share were 0.04 yuan, and the weighted average return on equity was 1.85 percent. The company continues to focus on tire production equipment and related digital platforms, AGV mobile robot logistics equipment, embodied intelligent equipment, and transport fixtures for large aircraft components. As of the end of the first half, the company's inventory book value was 524 million yuan, accounting for 39.11 percent of net assets. Inventory write-down provisions were 53.7782 million yuan, with a provision ratio of 9.3 percent.