Northking Information Technology Co

Northking Information Technology released its 2026 interim report. Total operating revenue was 2.336 billion yuan, a decrease of 24.6784 million yuan from the same period last year, down 1.05% year on year. Net profit attributable to the parent company was 98.8208 million yuan, a decrease of 20.0204 million yuan from the same period last year, down 16.85% year on year. Net cash flow from operating activities was negative 554 million yuan, ranking 67th among comparable companies that have already disclosed results. The company's latest asset-liability ratio was 21.71%, up 5.64 percentage points from the previous quarter and up 1.23 percentage points from the same period last year. Gross margin was 21.09%, ranking 61st among comparable companies that have already disclosed results, down 0.34 percentage points from the same period last year. Return on equity was 3.41%, down 0.86 percentage points from the same period last year. Diluted earnings per share were 0.09 yuan, down 0.02 yuan from the same period last year, a year-on-year decline of 18.18%. Total asset turnover was 0.64 times, down 0.04 times from the same period last year, a year-on-year decline of 6.19%. Inventory turnover was 24.56 times, down 18.93 times from the same period last year, a year-on-year decline of 43.53%. The company had 74,100 shareholders, and the top ten shareholders held 646 million shares, accounting for 62.04% of total share capital.