Changhong Meiling released its 2026 interim report, with net profit attributable to the parent company at 57.98 million yuan, down 86.10% from the same period last year. Total operating revenue was 16.14 billion yuan, a decrease of 1.94 billion yuan, or 10.71% year-on-year. Net cash inflow from operating activities was 324 million yuan, down 1.04 billion yuan, or 76.21% year-on-year. The company's latest asset-liability ratio was 76.97%, up 5.03 percentage points from the previous quarter. Gross margin was 8.18%, down 1.34 percentage points from the previous quarter. Return on equity was 0.99%, down 5.77 percentage points from the same period last year. Diluted earnings per share were 0.06 yuan, down 85.83% year-on-year.
Changhong Meiling Co LtdNet profit down 86.10% year-on-year, revenue down 10.71%, and margins declined.
Changhong Meiling Co Ltd BSame financial results as parent company, impacting B shares.
