Shenzhen Zhenye Group disclosed its 2026 semi-annual report on August 26. In the first half, total operating revenue was 796 million yuan, down 57.70 percent year on year. Net loss attributable to the parent was 95.73 million yuan, compared with a loss of 70.98 million yuan in the same period last year, widening the loss. Net loss after deducting non-recurring items was 98.87 million yuan, compared with 75.63 million yuan a year earlier. Net cash flow from operating activities was 444 million yuan, down 38.96 percent year on year. Basic loss per share was 0.0709 yuan, and weighted average return on net assets was negative 1.80 percent. The company's main business is real estate development and operation. As of the end of the first half, the book value of inventory was 10.24 billion yuan, accounting for 194.46 percent of net assets, of which inventory write-down provisions were 1.757 billion yuan, with a provision ratio of 14.64 percent.
Shenzhen Zhenye Group Co LtdFirst-half revenue down 57.7% and net loss widened to 95.73 million yuan.
