Shanghai Smart Control Co. Ltd.Net profit and gross margin declined, operating cash flow turned sharply negative.

Hongying Intelligent released its 2026 interim report. The company's total operating revenue was 707 million yuan, and net profit attributable to the parent company was 42.6645 million yuan. Net cash flow from operating activities was negative 167 million yuan, a decrease of 178 million yuan compared with the same period last year, down 1,572.82 percent year on year. The company's asset-liability ratio was 47.36 percent, an increase of 6.64 percentage points from the same period last year. Gross margin was 20.14 percent, a decrease of 8.64 percentage points from the same period last year. Return on equity was 4.43 percent. Diluted earnings per share were 0.41 yuan. Total asset turnover was 0.35 times, and inventory turnover was 1.60 times. The number of shareholders was 16,700. The top ten shareholders held 70.0325 million shares, accounting for 67.57 percent of total share capital.
Shanghai Smart Control Co. Ltd.Net profit and gross margin declined, operating cash flow turned sharply negative.