Tianjin Jinbin DevelopmentNet profit swung to a loss of 6.72 million yuan, down 411.10% year on year.

Jinbin Development released its 2026 interim report. Total operating revenue was 86.68 million yuan, down 55.70 percent year on year. Net profit attributable to the parent company was negative 6.72 million yuan, swinging from profit to loss year on year, a decline of 411.10 percent. Net cash flow from operating activities was negative 106 million yuan, an increase of 573 million yuan year on year. The asset-liability ratio was 42.29 percent, gross margin was 37.45 percent, return on equity was negative 0.22 percent, and diluted earnings per share was negative 0.00 yuan. The company had 76,300 shareholders, and the top ten shareholders held 27.95 percent of total share capital.
Tianjin Jinbin DevelopmentNet profit swung to a loss of 6.72 million yuan, down 411.10% year on year.