Shanghai Kaixin's 2026 Interim Net Profit Falls 67.50% Year-on-Year

Earnings
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Shanghai Kaixin released its 2026 interim report. Total operating revenue was 107 million yuan, down 16.18% from the same period last year. Net profit attributable to the parent company was 10.2886 million yuan, down 67.50% year-on-year. Net cash inflow from operating activities was 11.086 million yuan. The asset-liability ratio was 9.89%, and the gross margin was 30.83%, down 9.42 percentage points from the same period last year. Diluted earnings per share were 0.16 yuan, down 0.34 yuan from the same period last year.

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