Hangzhou Jingye Intelligent Technology Co. Ltd. A

Jingye Intelligent released its 2026 interim report, with net profit attributable to the parent company at negative 12.51 million yuan, swinging from profit to loss. The company's total operating revenue was 103 million yuan, down 4.49 percent from the same period last year. Net cash flow from operating activities was negative 78.22 million yuan. The company's latest asset-liability ratio was 27.64 percent, gross margin was 22.78 percent, return on equity was negative 0.99 percent, and diluted earnings per share was negative 0.12 yuan.

Jingye Intelligent expects a net loss attributable to the parent of about 12.5 million yuan for the first half of 2026, swinging from a profit in the same period last year and representing a year-on-year decline of 511 percent. The company said the loss was mainly due to the concentration of acceptance for large nuclear industry projects in the fourth quarter, a 56.68 percent year-on-year increase in research and development spending, and a year-on-year decline in the overall gross margin of its main business caused by structural differences in individual projects. As of June 30, 2026, the company had about 773 million yuan in orders on hand, with most projects in the production and manufacturing stage and expected to be delivered intensively in the second half of the year. The company has added the small modular reactor direction and is iterating on quadruped robots and humanoid robots, while expanding into markets in Africa, the Middle East, Southeast Asia, and Europe.