Hongda

Hongda Co., Ltd. disclosed its 2026 semi-annual report on August 29. In the first half, it achieved total operating revenue of RMB 1.733 billion, down 4.31% year-on-year. Net loss attributable to the parent company was RMB 25.1017 million, compared with a loss of RMB 74.9946 million in the same period last year, narrowing the loss by RMB 49.8929 million year-on-year. Net loss after deducting non-recurring items was RMB 30.0648 million, compared with a loss of RMB 77.0441 million in the same period last year. Net cash flow from operating activities was negative RMB 257 million, compared with negative RMB 6.3423 million in the same period last year. Basic loss per share was RMB 0.0095, and the weighted average return on net assets was negative 0.80%.

Hongda Co., Ltd. released its 2026 interim report, showing total operating revenue of 1.733 billion yuan and a net loss attributable to the parent company of 25.1017 million yuan, an improvement of 49.8929 million yuan compared with the same period last year, narrowing the loss. Net cash flow from operating activities was negative 257 million yuan, and the asset-liability ratio was 15.82%, down 24.21 percentage points from a year earlier. Gross margin was 2.74%, return on equity was negative 0.80%, and diluted earnings per share was negative 0.01 yuan. The company had 84,100 shareholders, with the top ten shareholders holding 53.66% of total share capital.