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Joyvio Agriculture Development Co Ltd

Joyvio Food Co., Ltd processes, freezes, and trades aquatic products in China. Its offerings include seafood such as pollock, arctic shrimp, halibut, and Atlantic red snapper, along with healthy processed products and deep-sea fish items like fillets, chunks, and paste. The company also exports its products. Formerly known as Joyvio Agriculture Development Co., Ltd., it was founded in 2003 and is based in Shihezi, China.

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300268.CS

Joyvio Food's 2026 interim report shows net loss of 3.795 million yuan, a significant narrowing of losses year-on-year

Joyvio Food released its 2026 interim report, with net profit attributable to the parent company at a loss of 3.795 million yuan, an increase of 415 million yuan compared with the same period last year, significantly narrowing the loss. The company's total operating revenue was 421 million yuan, and net cash outflow from operating activities was 218 million yuan, an increase of 399 million yuan compared with the same period last year. The latest asset-liability ratio was 35.49 percent, and the gross margin was 8.43 percent, up 3.48 percentage points from the previous quarter, marking six consecutive quarters of growth, and up 14.51 percentage points from the same period last year, marking two consecutive years of growth. The latest return on equity was negative 1.40 percent, an increase of 146.86 percentage points from the same period last year, and diluted earnings per share was negative 0.02 yuan, an increase of 2.38 yuan from the same period last year. The company's latest total asset turnover was 0.67 times, an increase of 0.42 times from the same period last year, marking two consecutive years of growth, up 168.65 percent year-on-year, and the latest inventory turnover was 1.26 times. The company had 6,197 shareholders, and the top ten shareholders held 96.2214 million shares, accounting for 55.24 percent of the total share capital.
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Joyvio Food reports net loss attributable to parent of 3.795 million yuan in first half of 2026

Joyvio Food disclosed its 2026 semi-annual report. In the first half of the year, the net loss attributable to the parent company was 3.795 million yuan, a reduction of 415 million yuan from the loss of 419 million yuan in the same period last year. The company achieved total operating revenue of 421 million yuan, down 66.15 percent year on year. The non-GAAP net loss was 4.586 million yuan, compared with a loss of 408 million yuan in the same period last year. Net cash flow from operating activities was negative 218 million yuan, compared with negative 617 million yuan a year earlier. During the reporting period, basic earnings per share were negative 0.0218 yuan, and the weighted average return on net assets was negative 1.39 percent. The company mainly processes and sells products such as Alaska pollock and Arctic sweet shrimp through its subsidiary Qingdao Guoxing.
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