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Kelan Software Posts Loss of 75.2434 Million Yuan in First Half of 2026
Kelan Software disclosed its semi-annual report for 2026 on August 29. In the first half of the year, it achieved total operating revenue of 180 million yuan, down 42.35 percent year on year. Net profit attributable to the parent company showed a loss of 75.2434 million yuan, compared with a loss of 6.216 million yuan in the same period last year. Net profit after deducting non-recurring items showed a loss of 75.9427 million yuan, compared with a loss of 9.0127 million yuan a year earlier. Net cash flow from operating activities was 3.6948 million yuan, down 81.85 percent year on year. The company's main business is built around its proprietary 3A strategy system, namely AI robots, AI databases, and AI computing power. As of the end of the first half of 2026, the book value of the company's inventory was 319 million yuan, accounting for 96.71 percent of net assets. Inventory write-down provisions amounted to 124 million yuan, representing a provision ratio of 28 percent.