Xinshida released its 2026 interim report. Total operating revenue was 1.891 billion yuan, and net profit attributable to the parent company was negative 11.2771 million yuan, swinging from profit to loss. This was a decrease of 13.1425 million yuan compared with the same period last year, down 704.54 percent year on year. Net cash flow from operating activities was negative 26.8393 million yuan, a decrease of 70.8299 million yuan from the same period last year, down 161.01 percent year on year. The company's asset-liability ratio was 67.91 percent, gross margin was 17.87 percent, return on equity was negative 0.91 percent, and diluted earnings per share was negative 0.02 yuan. The number of shareholders was 57,600, and the top ten shareholders held 38.48 percent of total share capital.
Shanghai STEP Electric CorpCompany swung to a net loss in interim report, with revenue and cash flow declining.