Ningbo Xianfeng New MaterialCompany reported a net loss of 22.7985 million yuan, swinging from profit to loss, with revenue down 21.93%.

Xianfeng New Material released its 2026 interim report, showing total operating revenue of 101 million yuan, down 21.93% from the same period last year. Net profit attributable to the parent company was a loss of 22.7985 million yuan, swinging from profit to loss and down 86.4647 million yuan from a year earlier, a decline of 135.81%. Net cash flow from operating activities was a negative 3.3715 million yuan, down 36.0173 million yuan from the same period last year. The company's asset-liability ratio was 12.76%, gross margin was 8.87%, return on equity was negative 4.25%, and diluted earnings per share was negative 0.05 yuan. The number of shareholders was 18,400, and the top ten shareholders held 25.05% of total share capital.
Ningbo Xianfeng New MaterialCompany reported a net loss of 22.7985 million yuan, swinging from profit to loss, with revenue down 21.93%.