Grandjoy released its 2026 interim report, with total operating revenue of 12.23 billion yuan, down 19.71% year-on-year, and net profit attributable to the parent company of negative 723 million yuan, swinging from profit to loss year-on-year, a decline of 765.26%. Net cash flow from operating activities was negative 215 million yuan, a year-on-year decrease of 831 million yuan. The company's asset-liability ratio rose to 77.11%, gross margin fell to 24.51%, ROE was negative 7.33%, and diluted earnings per share was negative 0.17 yuan. The number of shareholders was 86,500, and the top ten shareholders held 74.60% of total share capital.
Grandjoy Holdings Group Co LtdNet loss of 723 million yuan, swinging from profit to loss, with revenue down and margins falling.
