ST Wangda released its 2026 interim report, showing a net loss attributable to the parent company of 12.05 million yuan in the first half, a year-on-year decline of 349.9%. Operating revenue was 175 million yuan, up 37.0% year on year. Net loss attributable to the parent company excluding non-recurring items was 15.67 million yuan, down 982.3% year on year. Net operating cash flow was negative 25.27 million yuan, down 152.2% year on year. In the second quarter, operating revenue was 53.55 million yuan, up 1.1% year on year, while the net loss attributable to the parent company was 7.01 million yuan, down 485.9% year on year. As of the end of the second quarter, total assets stood at 1.548 billion yuan, down 4.5% from the end of the previous year, and net assets attributable to the parent company were 1.434 billion yuan, down 4.0% from the end of the previous year. The company said its main business remains focused on the large video sector, forming four major segments: an advanced video technology platform, an AI video big data platform, an integrated media platform, and a metaverse SaaS cloud platform. It also provided full-process technical support for the 2026 FIFA World Cup in the United States, Mexico, and Canada.
Shanghai Wondertek Software Co LtdFirst-half net loss widened 349.9% YoY, with operating cash flow deeply negative.
