Shaanxi Jinye released its 2026 interim report on August 25, showing a pattern of rising revenue but falling profit, with an expanded net outflow of operating cash flow. Data shows the company achieved operating revenue of 709 million yuan, up 4.84 percent year on year; net profit attributable to the parent was 22.50 million yuan, down 9.72 percent; non-GAAP net profit was 19.38 million yuan, down 20.50 percent; net cash flow from operating activities was negative 135 million yuan, with the net outflow expanding 17.93 percent year on year. Revenue from the tobacco supporting business was 440 million yuan, up 9.67 percent year on year, with its share of total revenue rising to 61.99 percent, but gross margin fell 4.03 percentage points year on year to 19.78 percent. Revenue from the education business was 225 million yuan, down 6.27 percent year on year, with gross margin edging down 1.06 percentage points to 27.72 percent. Performance pressure mainly came from rising costs and higher financial expenses. Operating costs rose 10.44 percent year on year, and financial expenses increased 12.42 percent to 54.85 million yuan. The company cautioned that the tobacco supporting industry is affected by stricter environmental policies and slowing scale growth, while the education segment faces uncertainty over for-profit registration policies for private universities. Short-term cost control and policy risks remain the main challenges.
Shaanxi Jinye Science Technology and Education Group Co LtdInterim report shows profit down 9.72% and operating cash outflow widened, with rising costs and financial expenses.
