Taier Heavy Industry Co Ltd

Taier Heavy Industry released its 2026 interim report, with net profit attributable to the parent company at a loss of 19.76 million yuan, an increase of 371,000 yuan compared with the same period last year. The company's total operating revenue was 569 million yuan, and net cash outflow from operating activities was 84.20 million yuan, an increase of 12.90 million yuan year on year. The asset-liability ratio rose to 54.26%, the gross margin fell to 17.73%, and diluted earnings per share was negative 0.04 yuan.

Taier Heavy Industry disclosed its earnings forecast, estimating a net loss attributable to shareholders of 16 million to 21 million yuan in the first half of 2026, compared with a loss of 19.3858 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 21.61 million to 26.61 million yuan, compared with a loss of 27.4398 million yuan a year earlier. Basic loss per share is projected at 0.0317 to 0.0416 yuan. The company attributed the loss mainly to increased investment in strategic industries, provision for credit impairment losses due to extended aging of some accounts receivable, and inventory impairment provisions.