Xinshida expects a net loss attributable to shareholders of 11 million to 16 million yuan for the first half of 2026, swinging from profit to loss year-on-year. The company said gross margin declined due to changes in revenue mix, while increased R&D investment, market expansion, and digital transformation drove up expenses. Adjusted net loss is expected to be 33 million to 38 million yuan, potentially marking the worst half-year adjusted performance since its 2010 listing. In the same period last year, net profit attributable to shareholders was 1.8654 million yuan, and adjusted net loss was 15.6881 million yuan.
Shanghai STEP Electric Corpexpects net loss swing and worst adjusted half-year performance since listing