Xiangshan Shares Expects Loss of 13 Million to 18.5 Million Yuan in First Half of 2026

Earnings
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Xiangshan Shares disclosed its performance forecast, expecting a net loss attributable to the parent company of 13 million to 18.5 million yuan in the first half of 2026, compared with a profit of 52.9784 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 17.6 million to 25.1 million yuan, compared with a profit of 48.3416 million yuan in the same period last year. Basic earnings per share are expected to be between negative 0.1 yuan and negative 0.14 yuan. The company stated that the decline in performance was mainly affected by the decline in production and sales of the passenger car market, the weakness of the luxury car market, and the intensification of price competition in the new energy vehicle market, leading to a decrease in revenue from auto parts. In addition, exchange rate fluctuations of major trading currencies such as the US dollar and the euro resulted in exchange losses, further dragging down net profit.

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