Beijing North Star reports net loss of 880 million yuan in 2026 interim results, narrowing year-on-year

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Beijing North Star released its 2026 interim report, with net profit attributable to shareholders showing a loss of 880 million yuan, narrowing the loss by 705 million yuan compared with the same period last year. Total operating revenue was 3.045 billion yuan, up slightly by 0.87 percent year-on-year. Net cash inflow from operating activities was 690 million yuan, up 66.43 percent year-on-year, rising for two consecutive years. The latest asset-liability ratio was 80.37 percent, gross margin was 26.01 percent, and return on equity was negative 15.12 percent. Diluted earnings per share were negative 0.26 yuan, total asset turnover was 0.07 times, and inventory turnover was 0.11 times.

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