Shenzhen Jinxinnong Feed Co Ltd

Jinxinnong released its 2026 interim report. Total operating revenue was 2.32 billion yuan, down 2.35% year-on-year. Net profit attributable to the parent company was negative 388 million yuan, a decrease of 365 million yuan compared with the same period last year, with the loss widening. Net cash inflow from operating activities was 49.9978 million yuan, down 65.62% year-on-year. The company's asset-liability ratio rose to 81.50%, gross margin was negative 2.53%, return on equity was negative 45.85%, and diluted earnings per share was negative 0.48 yuan.

Jinxinnong disclosed its semi-annual report on August 26. In the first half of 2026, the company achieved operating revenue of 2.32 billion yuan, down 2.35 percent year on year. Net loss attributable to shareholders of the listed company was 388 million yuan, compared with a loss of 23.507 million yuan in the same period last year. Basic loss per share was 0.48 yuan. Affected by a significant decline in hog sales prices, the company's hog farming business suffered a substantial loss.