Bestaida released its 2026 half-year report. Operating revenue was 336 million yuan, down 18.6% year on year. Net profit attributable to the parent company was 15.19 million yuan, down 11.7% year on year. Deducted non-recurring loss was 78,200 yuan, down 100.4% year on year. Net operating cash flow was 14.12 million yuan, down 40.4% year on year. Fully diluted earnings per share was 0.049 yuan. In the second quarter, operating revenue was 159 million yuan, down 19.3% year on year. Net profit attributable to the parent company was a loss of 6.87 million yuan, down 203.8% year on year. Deducted non-recurring net profit attributable to the parent company was a loss of 7.85 million yuan, down 178.7% year on year. Earnings per share was negative 0.0221 yuan. As of the end of the second quarter, total assets were 1.444 billion yuan, down 4.6% from the end of the previous year. Net assets attributable to the parent company were 1.232 billion yuan, down 0.4% from the end of the previous year. The company noted in the half-year report that its main business and products had not undergone major changes. It continued to focus on the research, development, production and sales of intelligent controllers and intelligent products. Intelligent controllers are mainly used in motor control and lithium battery control, while also expanding into areas such as smart homes and automotive motors. During the reporting period, the proportion of overseas sales revenue to total revenue declined, mainly affected by intensifying market competition and a reduction in overseas orders.
Shenzhen Bestek Technology Co LtdNet profit down 11.7% and Q2 loss, revenue down 18.6%
