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Yitoa Intelligent Control posts net loss of 2.9 million yuan in first half, down 109.4% year on year
Yitoa Intelligent Control released its 2026 interim report. First-half operating revenue was 2.77 billion yuan, up 5.1% year on year, but net loss attributable to the parent was 2.9 million yuan, down 109.4% year on year. Net loss attributable to the parent after deducting non-recurring items was 5.06 million yuan, down 116.8% year on year, and net operating cash flow was negative 9.82 million yuan, down 121.9% year on year. In the second quarter, operating revenue was 1.43 billion yuan, up 4.2% year on year, and net loss attributable to the parent was 6.97 million yuan, down 152.3% year on year. As of the end of the second quarter, total assets were 3.495 billion yuan, down 3.8% from the end of the previous year, and net assets attributable to the parent were 1.7 billion yuan, down 2.5% from the end of the previous year. The company's electronic component distribution business achieved operating revenue of 2.594 billion yuan, up 7.28% year on year, benefiting from the semiconductor industry recovery. In chip design and manufacturing, the MEMS micro-mirror project has received batch orders from customers, and automotive display driver chips have achieved large-scale delivery.