Ningxia Xiaoming Agriculture & Animal Husbandry Co.LtdNet profit down 99% year-on-year, revenue down 24.46%, and margins deteriorated.

Xiaoming Co., Ltd. released its 2026 interim report, with net profit attributable to the parent company of 1.8477 million yuan, a decrease of 99.00% compared with the same period last year. The company's total operating revenue was 568 million yuan, a decrease of 184 million yuan from the same period last year, down 24.46% year-on-year; net cash inflow from operating activities was 140 million yuan, a decrease of 83.9916 million yuan from the same period last year, down 37.56% year-on-year. The company's latest asset-liability ratio was 52.33%, an increase of 1.37 percentage points from the previous quarter and an increase of 6.98 percentage points from the same period last year; the latest gross margin was 12.91%, an increase of 11.15 percentage points from the previous quarter and a decrease of 21.09 percentage points from the same period last year; the latest ROE was 0.24%, a decrease of 20.10 percentage points from the same period last year. The company's diluted earnings per share was 0.01 yuan, a decrease of 0.98 yuan from the same period last year, down 98.99% year-on-year.
Ningxia Xiaoming Agriculture & Animal Husbandry Co.LtdNet profit down 99% year-on-year, revenue down 24.46%, and margins deteriorated.