Huada Technology released its 2026 interim report, showing the company swung from profit to loss, with net profit attributable to the parent company at negative 83.17 million yuan, a decrease of 282 million yuan from the same period last year, down 141.81 percent year on year. Total operating revenue was 2.65 billion yuan, down 7.59 percent year on year. Net cash flow from operating activities was negative 486 million yuan, down 1,212.50 percent year on year. The company's asset-liability ratio was 52.88 percent, gross margin was 12.93 percent, return on equity was negative 2.43 percent, and diluted earnings per share was negative 0.18 yuan.
Huada Automotive Tech Corp LtdSwung to a net loss of 83.17 million yuan with revenue down 7.59% and negative operating cash flow.