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Yijiahe's 2026 interim report shows revenue down nearly 60%, loss widens to 127 million yuan
Yijiahe released its 2026 interim report. Affected by the market environment and slower-than-expected delivery progress on some projects, both revenue and profit fell sharply. During the reporting period, the company achieved operating revenue of 111 million yuan, down 58.67% year on year. Net profit attributable to the parent company was negative 127 million yuan, a significant widening from the loss of 20 million yuan in the same period last year. Net profit after deducting non-recurring items was negative 131 million yuan. Net cash flow from operating activities was negative 22 million yuan, with the scale of net outflow expanding slightly. Total assets at the end of the period were 2.579 billion yuan, down 17.70% from the end of the previous year, mainly due to a decrease in monetary funds and the maturity of notes receivable. The power industry, as a traditional area of strength, saw revenue from robot products and related services shrink substantially due to the pace of grid investment and project acceptance progress, becoming the main reason for the decline in revenue. Administrative expenses rose sharply by 29.48% year on year to 64.47 million yuan, while financial expenses surged more than 113 times due to increased exchange losses and reduced financing income. After the controlling subsidiary Ninghe Intelligence brought in new investors, the company's shareholding fell to 45.9% and it was no longer included in the consolidated financial statements.