Shanghai Wondertek Software Co Ltd

ST Wangda released its 2026 interim report, showing a net loss attributable to the parent company of 12.05 million yuan in the first half, a year-on-year decline of 349.9%. Operating revenue was 175 million yuan, up 37.0% year on year. Net loss attributable to the parent company excluding non-recurring items was 15.67 million yuan, down 982.3% year on year. Net operating cash flow was negative 25.27 million yuan, down 152.2% year on year. In the second quarter, operating revenue was 53.55 million yuan, up 1.1% year on year, while the net loss attributable to the parent company was 7.01 million yuan, down 485.9% year on year. As of the end of the second quarter, total assets stood at 1.548 billion yuan, down 4.5% from the end of the previous year, and net assets attributable to the parent company were 1.434 billion yuan, down 4.0% from the end of the previous year. The company said its main business remains focused on the large video sector, forming four major segments: an advanced video technology platform, an AI video big data platform, an integrated media platform, and a metaverse SaaS cloud platform. It also provided full-process technical support for the 2026 FIFA World Cup in the United States, Mexico, and Canada.

ST Wangda has released its 2026 interim report, with net profit attributable to the parent company swinging from profit to loss. As of June 30, 2026, the company's total operating revenue was 175 million yuan, up 36.95 percent year on year, but net profit attributable to the parent company was negative 12.05 million yuan, a decrease of 16.88 million yuan from the same period last year, down 349.87 percent year on year. Net cash flow from operating activities was negative 25.27 million yuan, down 152.19 percent year on year. The company's latest asset-liability ratio was 7.36 percent, gross margin was 11.75 percent, return on equity was negative 0.84 percent, and diluted earnings per share was negative 0.04 yuan.

*ST Wangda disclosed its 2026 semi-annual report. In the first half, total operating revenue reached 175 million yuan, up 36.95% year on year. The company's net profit attributable to the parent was a loss of 12.05 million yuan, compared with a profit of 4.82 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 15.67 million yuan, compared with a profit of 1.78 million yuan a year earlier. Net cash flow from operating activities was negative 25.27 million yuan, versus 48.42 million yuan in the prior-year period. Basic earnings per share for the period were negative 0.04 yuan, and the weighted average return on equity was negative 0.81 percent.