Babycare released its 2026 interim report. First-half operating revenue was 1.808 billion yuan, down 1.49 percent year on year, and net profit attributable to the parent company was 42.2704 million yuan, down 9.56 percent year on year. The company plans to distribute a cash dividend of 1.08 yuan per 10 shares, with a total payout of 14.9623 million yuan, accounting for 35.40 percent of first-half net profit attributable to the parent company. Overall e-commerce revenue fell 16 percent year on year, becoming the main reason for the drag on total revenue, while offline retail business continued to grow as the number of stores increased. The company opened 31 new high-quality maternal and infant stores nationwide, bringing the total number of stores to 541. Net cash flow from operating activities was 311 million yuan, surging 112.52 percent year on year, but monetary funds plunged from 531 million yuan at the end of the previous year to 87.13 million yuan, a drop of 83.61 percent. Short-term borrowings were 462 million yuan, surging 121.9 percent from the beginning of the year. The company's accounts receivable balance was 94.05 million yuan, of which balances aged over three years accounted for 30.7 percent. For customer A's accounts receivable of 28.887 million yuan, only a 12.01 percent bad debt provision was made. This amount is in arbitration, and recovery is uncertain.
Shanghai Aiyingshi Co LtdFirst-half revenue and net profit declined, with e-commerce revenue down 16%.
