Sunyard System Engineering Co Ltd

Sunyard released its 2026 interim report. The company's total operating revenue was 878 million yuan, and net profit attributable to the parent was a loss of 77.5721 million yuan, a decrease of 24.9371 million yuan compared with the same period last year, with losses widening. Net cash flow from operating activities was negative 339 million yuan. The company's asset-liability ratio was 37.62%, gross margin was 9.86%, ROE was negative 6.69%, and diluted earnings per share was negative 0.17 yuan. The number of shareholders was 58,400, and the top ten shareholders held 26.73% of the total share capital.

Sunyard Technology issued an announcement, expecting a first-half 2026 loss of 69 million to 87 million yuan, and a loss of 90 million to 108 million yuan after deducting non-recurring gains and losses. In the same period last year, net profit attributable to the parent company was negative 52.64 million yuan, and net profit after deducting non-recurring gains and losses was negative 75.33 million yuan. The main reason for the expected loss in this period is the impact on the company's main business. Projects in the financial industry have obvious cyclicality, with project bidding and contract signing mostly occurring in the first and second quarters of each year, while project acceptance and payment collection mostly occur in the third and fourth quarters. Therefore, the company's sales revenue shows seasonal characteristics, with revenue in the second half of the year usually higher than in the first half. In the first quarter of 2026, Sunyard Technology achieved revenue of 421 million yuan, with net profit attributable to the parent company of negative 81.43 million yuan.