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Flying Technology Co Ltd

Flying Technology Co., Ltd. researches, develops, produces, and sells elevator door systems, elevator cars, and related components in China. It operates through the Elevator Division and the Military Simulation Division. Its elevator products include elevator cars, landing doors, door frames, sills, and light curtains, while its military simulation business covers portable and general-purpose digital air combat simulation systems for air force combat training, as well as aircraft maintenance management, auxiliary, and operation systems for air force units. The company also provides technology promotion and application services, serving passenger, freight, and special elevators. Formerly known as Wuxi City Zhan Peng Technology Company Limited, it was founded in 2001 and is headquartered in Wuxi, China.

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Zhanpeng Technology Releases 2026 Interim Report with Net Loss of 32.5837 Million Yuan

Zhanpeng Technology released its 2026 interim report on August 22, 2026. The company's total operating revenue was 175 million yuan, net profit attributable to the parent company was negative 32.5837 million yuan, and net cash flow from operating activities was negative 30.4934 million yuan. The company's latest asset-liability ratio was 29.06 percent, up 0.46 percentage points from the previous quarter. The latest gross margin was negative 0.35 percent, down 2.64 percentage points from the same period last year. The latest return on equity was negative 4.28 percent, down 0.45 percentage points from the same period last year. Diluted earnings per share were negative 0.11 yuan. The latest total asset turnover was 0.14 times, and the latest inventory turnover was 1.15 times. The company had 13,400 shareholders. The top ten shareholders held 128 million shares, accounting for 43.81 percent of total share capital.
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Zhanpeng Technology expects a loss of 30 million to 38 million yuan in the first half of 2026

Zhanpeng Technology disclosed its performance forecast, expecting a net loss attributable to the parent company of 30 million to 38 million yuan in the first half of 2026, compared with a loss of 36.2345 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 35 million to 43 million yuan, compared with a loss of 40.5856 million yuan in the same period last year. The company stated that the elevator door system business was affected by the continued downturn in the real estate market, with both order volume and gross margin declining. The military simulation system business contributed little to operating profit in the current period because the holding subsidiary Beijing Lingwei Junrong Technology had few project acceptances in the first half of the year. The company has established a dual-main-business pattern of elevator door systems and military simulation systems.
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