Hiconics New Energy released its 2026 interim report, showing total operating revenue of 3.414 billion yuan, down 24.08% year on year. Net profit attributable to the parent company was a loss of 65.4823 million yuan, a decrease of 137 million yuan compared with the same period last year, down 191.99% year on year, swinging from profit to loss. Net cash flow from operating activities was negative 380 million yuan, down 251.32% year on year. The company's asset-liability ratio was 67.71%, gross margin was 9.83%, return on equity was negative 3.67%, and diluted earnings per share was negative 0.06 yuan. The number of shareholders was 31,300, and the top ten shareholders held 32.14% of the total share capital.
Hiconics Drive Tech CoCompany swung to a net loss of 65.48 million yuan with revenue down 24.08% year on year.
