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Guanxiang Technology 2026 Interim Report: Intelligent Equipment Revenue Up 424%, Net Profit Turns to Loss
Guanxiang Technology released its 2026 interim report, with operating revenue of 49.1953 million yuan, up 19.85% year on year, but net profit attributable to the parent turned from a profit of 1.4267 million yuan in the same period last year to a loss of 1.7162 million yuan. Revenue from the intelligent equipment segment was 32.0708 million yuan, a sharp year-on-year increase of 424.07%, with a gross margin of 63.83%, becoming the main growth driver. Revenue from the full life cycle management system was 3.5703 million yuan, down 79.11% year on year. Revenue from the artificial intelligence business was 13.5542 million yuan, down 24.01% year on year. The main reasons for the loss were research and development expenses reaching 14.4583 million yuan, up 32.76% year on year, as well as seasonal fluctuations caused by military customer procurement and acceptance being concentrated in the second half of the year. Net cash flow from operating activities was negative 10.1641 million yuan, a significant narrowing of 89.64% compared with negative 98.1284 million yuan in the same period last year. The company plans to build the Barkol AI scientific and technological achievements transformation headquarters base to expand into civilian sectors such as mining and energy.