XiAn Typical Industries Co Ltd

ST Biaozhun released its 2026 interim report, showing total operating revenue of 156 million yuan, down 15.43 percent year on year. Net profit attributable to the parent company was a loss of 40.25 million yuan, a decline of 31.73 million yuan compared with the same period last year, widening the loss. Net cash flow from operating activities was negative 70.47 million yuan, a decrease of 27.04 million yuan year on year. The asset-liability ratio rose to 41.48 percent, gross margin fell to 18.13 percent, and return on equity was negative 8.60 percent. Diluted earnings per share were negative 0.12 yuan. Total asset turnover edged up to 0.18 times, while inventory turnover rose for the second consecutive year to 0.79 times. The company had 15,900 shareholders, and the top ten shareholders held 47.22 percent of total share capital.

ST Biaozhun disclosed its earnings forecast, expecting a net loss attributable to the parent company of 33 million to 49 million yuan in the first half of 2026, compared with a loss of 8.5216 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 34 million to 50 million yuan, compared with a loss of 11.5139 million yuan a year earlier. The company said the year-on-year widening of losses was mainly due to increased exchange losses caused by exchange rate fluctuations, while intensified competition in the sewing equipment industry led to a decline in operating revenue. ST Biaozhun is one of the major sewing machinery equipment manufacturers in China, providing system solutions and services to customers in industries such as apparel, luggage, home furnishings, and automotive interiors.