Greenworks (Jiangsu) Co. Ltd. ACompany reported a net loss of 165 million yuan, swinging from profit to loss, with negative operating cash flow.

Greenworks released its 2026 interim report, showing total operating revenue of 2.994 billion yuan and a net loss attributable to the parent company of 165 million yuan, swinging from profit to loss and down 298 million yuan year-on-year, a decline of 224.32%. Net cash flow from operating activities was negative 237 million yuan, down 462 million yuan year-on-year, a decline of 205.38%. The company's asset-liability ratio was 60.06%, gross margin was 30.31%, return on equity was negative 4.09%, and diluted earnings per share was negative 0.34 yuan. The number of shareholders was 22,000, and the top ten shareholders held 77.01% of the total share capital.
Greenworks (Jiangsu) Co. Ltd. ACompany reported a net loss of 165 million yuan, swinging from profit to loss, with negative operating cash flow.