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ST Meizhi reports net loss of 30.045 million yuan in 2026 interim report, narrowing year-on-year
ST Meizhi released its 2026 interim report. As of June 30, the company's total operating revenue was 117 million yuan, and net profit attributable to the parent was a loss of 30.045 million yuan, an improvement of 4.7167 million yuan compared with the same period last year, narrowing the loss. Net cash flow from operating activities was a negative 20.3714 million yuan, an increase of 3.9159 million yuan from the same period last year, marking a second consecutive year of improvement. The company's asset-liability ratio was 102.65 percent, and gross margin was negative 10.43 percent, up 22.20 percentage points from the same period last year. Diluted earnings per share were negative 0.22 yuan, an increase of 0.03 yuan from the same period last year. Total asset turnover was 0.10 times, and inventory turnover was 12.37 times, with the latter up 97.20 percent year-on-year. The company had 10,700 shareholders, and the top ten shareholders held 46.94 percent of the total share capital.