ST Nandu released its 2026 interim report. Total operating revenue was 1.699 billion yuan, down 56.71% year-on-year. Net profit attributable to the parent company was negative 1.111 billion yuan, with the loss widening year-on-year. Net cash inflow from operating activities was 171 million yuan, down 71.01% year-on-year. The asset-liability ratio rose to 99.81%, gross margin was negative 12.02%, return on equity was negative 382.93%, and diluted earnings per share was negative 1.24 yuan. The company had 83,200 shareholders, and the top ten shareholders held 18.88% of total share capital.
Zhejiang Narada Power SourceNet loss widened to 1.111 billion yuan with revenue down 56.71%, asset-liability ratio at 99.81%, and negative gross margin.
