ST Diweixun's H1 2026 revenue at 240 million yuan, losses widen

Earnings
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Summary · why it matters

ST Diweixun disclosed its 2026 semi-annual report on August 27. In the first half, total operating revenue reached 240 million yuan, down 6.63% year on year. Net loss attributable to the parent company was 42.61 million yuan, compared with a loss of 3.18 million yuan in the same period last year. Net loss after deducting non-recurring items was 43.09 million yuan, compared with a loss of 3.98 million yuan a year earlier. Net cash flow from operating activities was negative 62.95 million yuan, versus negative 16.31 million yuan in the prior-year period. The company focuses on information technology services, software outsourcing, and computing equipment and software integration services. As of the end of the first half of 2026, the company's inventory book value was 152 million yuan, accounting for 209% of net assets, a decrease of 12.70 million yuan from the end of last year. Inventory write-down provisions amounted to 28.47 million yuan, with a provision ratio of 15.82%.

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H1 2026 revenue fell 6.63% and net loss widened to 42.61 million yuan from 3.18 million yuan, with operating cash flow deeply negative.