Hi-Target Navigation Tech 2026 interim report shows net loss of 42.945 million yuan, widening year on year

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Hi-Target Navigation Tech released its 2026 interim report, with net profit attributable to the parent company at negative 42.945 million yuan, a widening of 19.2566 million yuan compared with the same period last year. Total operating revenue was 350 million yuan, down 29.07 percent year on year, and net cash outflow from operating activities was 7.0413 million yuan. The asset-liability ratio rose to 54.06 percent, gross margin was 37.56 percent, and return on equity was negative 3.44 percent. Diluted earnings per share were negative 0.06 yuan, total asset turnover was 0.13 times, and inventory turnover was 0.47 times. The number of shareholders was 52,700, and the top ten shareholders held 28.45 percent of total share capital.

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