Xiongdi Technology swings to net loss in 2026 interim report

Earnings
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Xiongdi Technology released its 2026 interim report, with net profit attributable to the parent company at negative 14.2594 million yuan, swinging from profit to loss. The company's total operating revenue was 226 million yuan, and net profit attributable to the parent company decreased by 25.9323 million yuan compared with the same period last year, a year-on-year decline of 222.16 percent. Net cash flow from operating activities was negative 87.3798 million yuan, a decrease of 52.8089 million yuan from the same period last year. The company's latest asset-liability ratio was 22.93 percent, gross margin was 46.14 percent, return on equity was negative 1.27 percent, and diluted earnings per share was negative 0.08 yuan.

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