Tianjin Benefo Tejing Electric Co Ltd

Baili Electric released its 2026 interim report. During the reporting period, the company's total operating revenue was 1.23 billion yuan, up 19.41% year-on-year, achieving growth for two consecutive years. Net profit attributable to the parent company was 41.7048 million yuan, down 26.72% year-on-year. Net cash inflow from operating activities was negative 147 million yuan, a decrease of 69.2861 million yuan compared with the same period last year. The company's asset-liability ratio was 47.09%, gross margin was 17.79%, and return on equity was 2.05%, all lower than the same period last year. Diluted earnings per share were 0.04 yuan, down 26.77% year-on-year.