Shanghai Belling released its 2026 interim report. The company's total operating revenue was 1.606 billion yuan, up 19.22% year-on-year, marking three consecutive years of growth. However, net profit attributable to the parent company was 114 million yuan, down 14.90% year-on-year. Net cash flow from operating activities was negative 34.5632 million yuan, down 212.15% year-on-year. The company's latest asset-liability ratio was 14.54%, gross margin was 27.47%, return on equity was 2.51%, and diluted earnings per share was 0.16 yuan. Total asset turnover was 0.30 times, and inventory turnover was 1.10 times, both achieving three consecutive years of growth. The company had 199,100 shareholders, and the top ten shareholders held 28.75% of the total share capital.
Sh BellingNet profit fell 14.90% year-on-year despite revenue growth, and operating cash flow turned sharply negative.
