Benli Technology released its 2026 interim report, with operating revenue of 370 million yuan, up 8.15% year on year, and net profit attributable to the parent of 44.77 million yuan, up 0.24% year on year. However, net cash flow from operating activities was 27.06 million yuan, a sharp decline of 64.04% from 75.24 million yuan in the same period last year. Revenue from the 801 product was 78.60 million yuan, up 57.23% year on year, with gross margin up 10.63 percentage points to 42.91%, making it the main growth driver. Revenue from the 1201 product was 56.68 million yuan, up 39.33% year on year. Revenue from the 1701 product was 66.03 million yuan, up 16.08% year on year. Meanwhile, the 1501 product, which had the largest revenue share, posted revenue of 102 million yuan, down 26.40% year on year, offsetting growth in other products. The decline in operating cash flow was mainly due to a reduction in cash received from sales of goods, with the closing cash balance down by about 171 million yuan from the beginning of the period.
Zhejiang Benli Technology Co. Ltd.Revenue and profit up slightly, but operating cash flow fell sharply; mixed results.
