Jiusheng Electric Co. LTDRevenue down 31.49% and net profit only 18.4853 million yuan, with negative operating cash flow and declining turnover ratios.

Jiusheng Electric released its 2026 interim report. The company's total operating revenue was 825 million yuan, down 31.49% from the same period last year, and net profit attributable to the parent was 18.4853 million yuan. Net cash flow from operating activities was negative 15.7771 million yuan, the asset-liability ratio was 69.07%, gross margin was 11.95%, ROE was 1.78%, and diluted earnings per share was 0.06 yuan. Total asset turnover was 0.24 times, down 26.53% year on year, and inventory turnover was 2.59 times, down 33.41% year on year. The number of shareholders was 19,200, and the top ten shareholders held 56.60% of total share capital.
Jiusheng Electric Co. LTDRevenue down 31.49% and net profit only 18.4853 million yuan, with negative operating cash flow and declining turnover ratios.