China Great Wall's first-half non-GAAP loss narrows to 316 million yuan

Earnings
โดย 财中社·CN·Read original
Summary · why it matters

China Great Wall released its 2026 interim report. First-half operating revenue was 7.96 billion yuan, up 25.0 percent year on year. Net profit attributable to the parent was 312 million yuan, up 125.7 percent year on year. Non-GAAP net profit attributable to the parent was a loss of 316 million yuan, narrowing from a loss of 427 million yuan in the same period last year. In the second quarter, operating revenue was 4.74 billion yuan, up 35.1 percent year on year. Net profit attributable to the parent was 396 million yuan, up 32.9 percent year on year. Non-GAAP net profit attributable to the parent was a loss of 219 million yuan, widening from a loss of 120 million yuan in the same period last year. As of the end of the second quarter, total assets were 34.734 billion yuan, up 8.6 percent from the end of the previous year. Net assets attributable to the parent were 11.33 billion yuan, up 2.7 percent. The company is focused on the autonomous intelligent computing industry, advancing its strategy of integrated chips and devices, converged terminals and networks, dual-engine driving, and organic development. It is accelerating breakthroughs in core technologies such as servers, computing chips, and computing power networks, while strengthening operational management and optimizing its business structure.

Impact on stocks 1

Others · 1 stocks