Shenzhen New Nanshan Holding Group Co LtdReports a 639 million yuan net loss for H1 2026, down from a profit, with revenue down 47.11%.

Nanshan Holdings disclosed its 2026 semi-annual report on August 29. In the first half, it achieved total operating revenue of 3.058 billion yuan, down 47.11 percent year on year. Net profit attributable to the parent company was a loss of 639 million yuan, compared with a profit of 91.5298 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 640 million yuan, compared with a profit of 90.9456 million yuan a year earlier. Net cash flow from operating activities was 1.897 billion yuan, up 63.35 percent year on year. Basic earnings per share were negative 0.24 yuan, and the weighted average return on net assets was negative 9.74 percent. The company's main businesses include warehousing and logistics, real estate development, manufacturing, industrial parks, new energy, and petroleum logistics services. As of the end of the first half, the book value of the company's inventory was 10.862 billion yuan, accounting for 174.01 percent of net assets. Inventory write-down provisions amounted to 2.211 billion yuan, with a provision ratio of 16.91 percent.
Shenzhen New Nanshan Holding Group Co LtdReports a 639 million yuan net loss for H1 2026, down from a profit, with revenue down 47.11%.