Kelai Electromechanical disclosed its earnings forecast, expecting a net loss attributable to shareholders of 7.4405 million to 9.9207 million yuan in the first half of 2026, compared with a profit of 19.4661 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 8.0405 million to 10.5207 million yuan, compared with a profit of 14.8958 million yuan a year earlier. The company stated that the expected loss is due on one hand to a decline in revenue from its intelligent equipment business affected by downstream market demand, and a significant drop in revenue and gross margin of its auto parts business due to customer production scheduling and lower sales prices. On the other hand, intermediary consulting fees incurred for the acquisition of Shanghai Yilai Technology Co., Ltd. in the first half led to a substantial increase in administrative expenses compared with the same period last year. Based on the closing price on July 14, Kelai Electromechanical's current price-to-earnings ratio is approximately negative 2,205.82 times, the price-to-book ratio is about 3.54 times, and the price-to-sales ratio is about 8.13 times.
Shanghai Kelai MechatronicsCompany expects net loss of 7.44-9.92 million yuan in H1 2026 vs profit of 19.47 million yuan last year.