Hillstone Networks reports net loss of 21.1194 million yuan in 2026 interim report

Earnings
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Hillstone Networks released its 2026 interim report, showing total operating revenue of 451 million yuan and a net loss attributable to the parent company of 21.1194 million yuan, ranking 64th among disclosed peer companies. Net cash flow from operating activities was negative 104 million yuan, ranking 74th. The company's latest asset-liability ratio was 63.60%, up 0.65 percentage points from the previous quarter and up 6.42 percentage points from the same period last year. Gross margin was 71.27%, return on equity was negative 2.97%, and diluted earnings per share was negative 0.12 yuan. Inventory turnover was 1.28 times, down 14.57% year on year. The number of shareholders was 8,071, and the top ten shareholders held 49.30% of total share capital.

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