ST Hangtu, stock code 688066 on the Shanghai Stock Exchange, released its 2026 interim report. As of June 30, net profit attributable to the parent company was negative 351 million yuan, a decrease of 103 million yuan compared with the same period last year, with the loss widening year-on-year. Total operating revenue was 50.83 million yuan, down 82.46 percent year-on-year. Net cash flow from operating activities was negative 3.25 million yuan. The asset-liability ratio rose to 134.09 percent, an increase of 54.90 percentage points from the same period last year. Gross margin was 32.82 percent, down 8.53 percentage points from the previous quarter. Diluted earnings per share were negative 1.34 yuan. Total asset turnover was 0.02 times and inventory turnover was 0.07 times, both lower than the same period last year. The company had 14,600 shareholders, and the top ten shareholders held 35.59 percent of total share capital.
Beijing Piesat Information Technology Co LtdST Hangtu reports a widened net loss and sharply lower revenue in its 2026 interim results.
