Meiyan Jixiang disclosed its earnings forecast, expecting a net loss attributable to the parent of 2.2 million yuan in the first half of 2026, compared with a loss of 30.3546 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 24 million yuan, compared with a loss of 30.7477 million yuan in the same period last year. The company stated that the issue of accounts receivable collection in its main business of geographic information remains unresolved, and government debt resolution still awaits further implementation. As a result, impairment losses on accounts receivable have increased based on aging, leading to continued operating losses. Based on the closing price on July 14, the company's current price-to-earnings ratio is approximately negative 68.56 times, the price-to-book ratio is about 2.44 times, and the price-to-sales ratio is about 11.7 times.
Guangdong Meiyan Jixiang Hydropower Co LtdExpects net loss attributable to parent of 2.2 million yuan in H1 2026, with continued operating losses due to unresolved accounts receivable and government debt resolution delays.