Joulwatt released its 2026 interim report, with total operating revenue of 1.718 billion yuan and a net loss attributable to the parent of 520 million yuan, a decrease of 225 million yuan compared with the same period last year, widening the loss year-on-year. Net cash flow from operating activities was negative 775 million yuan, a decrease of 678 million yuan from the same period last year. The company's asset-liability ratio rose to 76.21%, gross margin fell to 23.87%, return on equity was negative 47.70%, and diluted earnings per share was negative 1.15 yuan. The number of shareholders was 18,000, and the top ten shareholders held 48.02% of the total share capital.
Joulwatt Technology Co. Ltd. ANet loss widened to 520 million yuan, with deteriorating cash flow, margins, and leverage.
