Fujian Sanmu Group Co LtdNet loss widened to 851 million yuan, revenue down 62.74%, and asset-liability ratio rose to 104.88%.

ST Sanmu released its interim report on August 26, 2026. During the reporting period, the company's total operating revenue was 1.402 billion yuan, down 62.74% year-on-year. Net profit attributable to the parent company was negative 851 million yuan, a decrease of 746 million yuan compared with the same period last year, with the loss widening. Net cash flow from operating activities was negative 309 million yuan, down 300.75% year-on-year. The company's asset-liability ratio rose to 104.88%, an increase of 21.12 percentage points from the same period last year. Gross margin was 3.67%, up slightly by 0.69 percentage points year-on-year. Diluted earnings per share were negative 1.83 yuan, a decrease of 1.60 yuan from the same period last year. Total asset turnover fell to 0.18 times, and inventory turnover fell to 0.61 times, down 60.50% and 54.53% year-on-year respectively. As of the end of the reporting period, the company had 34,900 shareholders, and the top ten shareholders held a combined 124 million shares, accounting for 26.61% of the total share capital.
Fujian Sanmu Group Co LtdNet loss widened to 851 million yuan, revenue down 62.74%, and asset-liability ratio rose to 104.88%.