Nsfocus Information Technology Co Ltd

NSFOCUS Technologies Group released its 2026 interim report, showing total operating revenue of 813 million yuan and a net loss attributable to the parent company of 129 million yuan, ranking 66th among disclosed peer companies. Net cash inflow from operating activities was 193 million yuan, and the asset-liability ratio was 43.88 percent, up 0.25 percentage points from the previous quarter. Gross margin was 54.76 percent, down 4.57 percentage points year on year, return on equity was negative 5.08 percent, and diluted earnings per share was negative 0.16 yuan. Total asset turnover was 0.17 times, down 2.78 percent year on year, and inventory turnover was 3.01 times, down 31.83 percent year on year. The company had 41,700 shareholders, and the top ten shareholders held 31.41 percent of total share capital.

NSFOCUS disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 813 million yuan, up 1.51 percent year on year. Net loss attributable to the parent company was 129 million yuan, narrowing 24.77 percent from a loss of 171 million yuan in the same period last year. Net loss after deducting non-recurring items was 169 million yuan, narrowing 7.47 percent year on year. Net cash flow from operating activities was 193 million yuan, up 136.05 percent year on year. During the reporting period, operating costs rose 12.92 percent year on year to 368 million yuan, while financial expenses surged 795.04 percent year on year to 7.51 million yuan, mainly due to lower interest income caused by the macro interest rate cuts and active cash management. Gross margin was 54.76 percent, down 4.57 percentage points year on year. NSFOCUS has now posted losses for three consecutive years. Net profit attributable to the parent company from 2023 to 2025 was negative 977 million yuan, negative 365 million yuan, and negative 45.25 million yuan respectively. Including the first half of this year, total losses over three and a half years exceeded 1.5 billion yuan.