Minglida disclosed its 2026 semi-annual report on August 28. In the first half of the year, total operating revenue reached 1.736 billion yuan, up 13.76% year on year, but net profit attributable to the parent company showed a loss of 81.121 million yuan, wider than the loss of 31.7354 million yuan in the same period last year. Net profit after deducting non-recurring items showed a loss of 105 million yuan, compared with a loss of 45.2858 million yuan a year earlier. Net cash flow from operating activities was negative 195 million yuan, compared with negative 188 million yuan in the same period last year. Basic earnings per share were negative 0.2 yuan, and the weighted average return on equity was negative 5.24 percent, down 3.55 percentage points year on year. As of the end of the first half of 2026, the company's inventory book value was 1.271 billion yuan, accounting for 85.48 percent of net assets, an increase of 90.5153 million yuan from the end of last year, with an inventory write-down provision ratio of 8.8 percent. In addition, data from China Securities Depository and Clearing Corporation showed that as of August 21, 2026, 15.4 percent of the company's shares were pledged. The largest shareholder, Shenzhen Dalei Investment Development Company Limited, pledged 58.3622 million shares, accounting for 38.17 percent of its total holdings.
Shenzhen Minglida Precision Technology Co. Ltd.H1 2026 net loss widened to 81.12 million yuan from 31.74 million yuan a year earlier despite revenue rising 13.76%.
