Shenzhen United Winners Laser Co Ltd

Lianwin Laser released its 2026 interim report, with total operating revenue of 1.742 billion yuan and net profit attributable to the parent company of 98.3824 million yuan. Net cash flow from operating activities was negative 43.6334 million yuan, a decrease of 113 million yuan compared with the same period last year, down 162.46 percent year on year. The asset-liability ratio was 65.99 percent, up 1.44 percentage points from the previous quarter and up 7.21 percentage points from the same period last year. Gross margin was 28.23 percent, return on equity was 2.98 percent, and diluted earnings per share was 0.29 yuan. Total asset turnover was 0.19 times and inventory turnover was 0.38 times, both lower than the same period last year. The number of shareholders was 23,900, and the top ten shareholders held 25.78 percent of the total share capital.