ZTE's 2026 interim net profit falls 45.57% year-on-year to 2.753 billion yuan

Earnings
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Summary · why it matters

ZTE released its 2026 interim report, with net profit attributable to the parent company at 2.753 billion yuan, down 45.57% from the same period last year. Total operating revenue was 78.025 billion yuan, and net cash flow from operating activities was negative 127 million yuan, a year-on-year decline of 109.74%. The latest asset-liability ratio was 67.94%, gross margin was 25.48%, return on equity was 3.58%, and diluted earnings per share was 0.58 yuan.

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Net profit fell 45.57% year-on-year, with operating cash flow turning negative.