Xinyu Steel's 2026 interim report shows a net loss of 607 million yuan, swinging from profit to loss year-on-year

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Xinyu Steel released its 2026 interim report. Total operating revenue was 16.108 billion yuan, down 8.02% year-on-year. Net profit attributable to the parent company was negative 607 million yuan, swinging from profit to loss year-on-year, a decline of 652.64%. Net cash flow from operating activities was negative 1.245 billion yuan, a decrease of 529 million yuan year-on-year. The company's asset-liability ratio was 42.96%, gross margin was negative 0.04%, return on equity was negative 2.42%, and diluted earnings per share was negative 0.19 yuan. The number of shareholders was 49,500, and the top ten shareholders held 55.06% of total share capital.

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