Shenzhen Zhenye Group disclosed its earnings forecast, projecting a net loss attributable to the parent company of 80 million to 120 million yuan for the first half of 2026, compared with a loss of 70.9766 million yuan in the same period last year. The net loss after deducting non-recurring items is also expected to be 80 million to 120 million yuan, versus a loss of 75.6277 million yuan a year earlier. The company stated that the loss is mainly due to a year-on-year decline in the carry-over scale of its real estate business and low gross margins, while it also made provisions for inventory write-downs based on the principle of prudence. Based on the latest closing price, the company's price-to-book ratio is about 1.63 times, and its price-to-sales ratio is about 5.73 times.
Shenzhen Zhenye Group Co LtdProjects wider net loss due to lower real estate carry-over scale, low gross margins, and inventory write-downs.