Saixiang Technology disclosed its 2026 semi-annual report on August 26. In the first half of the year, it achieved total operating revenue of 384 million yuan, up 11.72 percent year on year. Net profit attributable to the parent company was 24.5576 million yuan, down 37.76 percent year on year. Net profit after deducting non-recurring items was 18.4089 million yuan, down 49.85 percent year on year. Net cash flow from operating activities was 192 million yuan, compared with negative 109 million yuan in the same period last year. Basic earnings per share were 0.04 yuan, and the weighted average return on equity was 1.85 percent. The company continues to focus on tire production equipment and related digital platforms, AGV mobile robot logistics equipment, embodied intelligent equipment, and transport fixtures for large aircraft components. As of the end of the first half, the company's inventory book value was 524 million yuan, accounting for 39.11 percent of net assets. Inventory write-down provisions were 53.7782 million yuan, with a provision ratio of 9.3 percent.
Tianjin Saixiang Technology Co LtdNet profit attributable to parent fell 37.76% YoY, and net profit after deducting non-recurring items dropped 49.85%.
