MeiG Smart Technology first-half 2026 net profit 106 million yuan

Earnings
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Summary · why it matters

MeiG Smart Technology released its 2026 interim report. Total operating revenue was 2.025 billion yuan, and net profit attributable to the parent company was 106 million yuan. Net cash flow from operating activities was negative 265 million yuan, a decrease of 181 million yuan compared with the same period last year. The company's asset-liability ratio was 42.28%, gross margin was 18.21%, return on equity was 3.80%, and diluted earnings per share was 0.38 yuan. The number of shareholders was 46,100, and the top ten shareholders held 63.47% of total share capital.

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Interim report shows net profit of 106 million yuan, but operating cash flow turned negative, presenting mixed financial results.

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