Ningbo United disclosed its semi-annual report for 2026. In the first half of the year, net profit attributable to the parent company was 18.33 million yuan, down 47.70% year-on-year. The company achieved total operating revenue of 281 million yuan, down 52.23% year-on-year. Net profit after deducting non-recurring items was 12.52 million yuan, down 56.56% year-on-year. Net cash flow from operating activities was 112 million yuan, down 67.46% year-on-year. During the reporting period, basic earnings per share were 0.059 yuan, and the weighted average return on equity was 0.54%. Based on the closing price on August 24, the company's price-to-earnings ratio on a trailing twelve-month basis was approximately 28.81 times, the price-to-book ratio on a latest fiscal year basis was approximately 0.57 times, and the price-to-sales ratio on a trailing twelve-month basis was approximately 2.03 times.
Ningbo United Group Co LtdNet profit down 47.70% year-on-year in H1 2026.
