Kangping Technology released its 2026 interim report, with net profit attributable to the parent company of 34.01 million yuan, down 23.26% from the same period last year. The company's total operating revenue was 1.144 billion yuan, and net cash outflow from operating activities was 276 million yuan, down 499.04% from the same period last year. The latest asset-liability ratio was 67.59%, up 3.94 percentage points from the previous quarter and up 27.35 percentage points from the same period last year. The company's latest gross margin was 19.33%, and the latest return on equity was 4.24%, down 1.32 percentage points from the same period last year. Diluted earnings per share were 0.35 yuan, down 23.27% from the same period last year.
Kangping Technology (Suzhou) Co. Ltd.Net profit down 23.26% year-on-year, with operating cash flow sharply negative and higher leverage.