Changzhou Kaidi Electrical Inc

Kaidi Shares released its 2026 interim report, with net profit attributable to the parent company at negative 24.17 million yuan, swinging from profit to loss. Total operating revenue was 646 million yuan, and net profit attributable to the parent company decreased by 55.3229 million yuan compared with the same period last year, down 177.59 percent year on year. Net cash inflow from operating activities was 60.8173 million yuan, a decrease of 36.9547 million yuan from the same period last year, down 37.80 percent year on year. The company's latest asset-liability ratio was 20.85 percent, gross margin was 22.24 percent, return on equity was negative 1.11 percent, and diluted earnings per share was negative 0.25 yuan.

Kaidi Shares disclosed a performance forecast, expecting a net loss attributable to the parent of 28 million yuan in the first half of 2026, compared with a profit of 31.1528 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 29 million yuan, versus a profit of 24.8356 million yuan a year earlier. The company said the decline was mainly due to weak downstream demand and slower customer procurement caused by global macroeconomic fluctuations, while increased investment in overseas production base construction raised unit fixed costs, and the depreciation of the US dollar and euro led to exchange losses. Kaidi Shares is primarily engaged in the research, development, production, and sales of linear drive systems.