ST Shida narrows net loss in 2026 interim report

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ST Shida released its 2026 interim report. As of June 30, the company's total operating revenue was 107 million yuan, and net profit attributable to the parent company was a loss of 28.37 million yuan, narrowing the loss by 24.48 million yuan compared with the same period last year. Net cash flow from operating activities was a negative 53.20 million yuan, the asset-liability ratio was 84.50 percent, and gross margin was 14.82 percent, up 12.06 percentage points from a year earlier. Return on equity was negative 13.30 percent, an improvement of 2.91 percentage points year on year. Diluted earnings per share were negative 0.01 yuan, an improvement of 0.01 yuan from the prior year. Total asset turnover was 0.07 times, and inventory turnover was 1.75 times, ranking 25th among peers. The number of shareholders was 122,500, and the top ten shareholders held 670 million shares, accounting for 30.78 percent of total share capital.

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Narrowed net loss and improved gross margin in interim report