China Aerospace Times Electronics Co LtdNet profit fell 76.63% year on year, revenue down 22.19%, and operating cash flow negative.

China Aerospace Times Electronics released its 2026 interim report. Total operating revenue was 4.53 billion yuan, down 22.19% from the same period last year. Net profit attributable to the parent company was 40.5892 million yuan, down 76.63% year on year. Net cash flow from operating activities was negative 2.346 billion yuan, an improvement of 1.025 billion yuan compared with the same period last year. The company's asset-liability ratio was 50.25%, gross margin was 21.85%, marking a fourth consecutive year of increase, and return on equity was 0.19%. Diluted earnings per share were 0.01 yuan, down 77.36% year on year. Total asset turnover was 0.09 times and inventory turnover was 0.15 times, both lower than the same period last year. The company had 499,300 shareholders, and the top ten shareholders held 30.49% of total share capital.
China Aerospace Times Electronics Co LtdNet profit fell 76.63% year on year, revenue down 22.19%, and operating cash flow negative.