Jingyan Technology disclosed its 2026 semi-annual report on August 29. In the first half of the year, total operating revenue reached 1.606 billion yuan, up 13.52% year on year, but net profit attributable to the parent company was only 13.97 million yuan, a sharp year-on-year decline of 82.70%. Net profit after deducting non-recurring items was 2.43 million yuan, down 96.72% year on year, and net cash flow from operating activities was negative 368 million yuan, compared with negative 217 million yuan in the same period last year. Basic earnings per share were 0.08 yuan, and the weighted average return on equity was 0.63%. During the reporting period, non-recurring gains and losses totaled 11.53 million yuan, including 8.14 million yuan in fair value changes and 4.08 million yuan in government subsidies. As of the end of the first half, the company's cash and cash equivalents decreased by 64.88% from the end of last year, notes receivable and accounts receivable increased by 75.34%, and inventory increased by 56.1%.
Jiangsu Gian Technology Co LtdNet profit fell 82.7% year on year, with operating cash flow negative and cash down 64.88%.
