Jinjing Technology disclosed its earnings forecast, expecting a net loss attributable to the parent company of 310 million yuan in the first half of 2026, compared with a loss of 96.27 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 315 million yuan, compared with a loss of 121 million yuan a year earlier. The company stated that the markets for architectural glass, photovoltaic glass, and soda ash remain sluggish, with year-on-year declines in the selling prices of major products and a drop in gross margins, leading to losses in the main business. Based on the closing price on July 14, the company's current price-to-earnings ratio is approximately negative 7.28 times, the price-to-book ratio is about 1.15 times, and the price-to-sales ratio is about 1.38 times.
Shandong Jinjing Science and Technology Stock Co LtdCompany expects a net loss of 310 million yuan in H1 2026, much larger than last year's loss, due to sluggish markets and declining prices.