Liaoning Shenhua Holdings Co Ltd

Shenhua Holdings released its 2026 interim report. Total operating revenue was 1.397 billion yuan, and net profit attributable to the parent company was a loss of 18.5789 million yuan, an improvement of 40.7346 million yuan compared with the same period last year, narrowing the loss. Net cash inflow from operating activities was 47.1559 million yuan, up 405.46 percent year-on-year. The asset-liability ratio was 71.66 percent, down 1.39 percentage points from the previous quarter. Gross margin was 7.94 percent, rising for four consecutive quarters and up 4.27 percentage points from the same period last year. Diluted earnings per share were negative 0.01 yuan, an increase of 0.02 yuan compared with the same period last year. The number of shareholders was 124,300, and the top ten shareholders held 28.48 percent of total share capital.

Shenhua Holdings disclosed its 2026 half-year report on the evening of August 26. In the first half, it achieved operating revenue of 1.397 billion yuan, down 24.3 percent year on year. Net profit attributable to the parent company was negative 18.5789 million yuan, narrowing losses by more than 40 million yuan compared with the same period last year. Net cash flow from operating activities was 47.1559 million yuan, up 405.46 percent year on year. Among these figures, second-quarter net profit attributable to the parent company was 3.6735 million yuan, ending five consecutive quarters of losses. Among the company's three major business segments, the automobile sales and services segment sold 3,662 BMW-brand vehicles, with net profit of about 10.43 million yuan. Gross margin rose 8.43 percentage points year on year, turning from loss to profit and helping narrow overall losses. In addition, Shenwei Exploration in the innovation incubation business has established cooperation with customers including BMW Brilliance, Lynk & Co, SAIC General Motors, and Jinbei Yanfeng. The company also enhanced financial flexibility by reducing financing costs.

Shenhua Holdings released its 2026 interim report on August 26. First-half operating revenue was 1.40 billion yuan, down 24.3 percent year on year, while net profit attributable to the parent narrowed from a loss of 59.31 million yuan in the same period last year to a loss of 18.58 million yuan. The company returned to profit in the second quarter, with net profit attributable to the parent of 3.67 million yuan, compared with a loss of 47.36 million yuan a year earlier. As of the end of the second quarter, total assets were 2.607 billion yuan, down 7.9 percent from the end of the previous year. During the reporting period, the automobile sales and services business sold 3,662 BMW-brand vehicles through subsidiary Shenhua Chenbao, with net profit of about 10.43 million yuan and gross margin up 8.43 percentage points year on year. The property leasing and management business is centred on Shenhua Financial Tower. The company said that amid weakening consumer demand and intensifying market competition, it kept core operations stable and effectively resolved legacy risks by adjusting sales strategies and improving customer experience.