Xintian Technology (300615.SZ) issued an advance loss. The net loss for half a year is expected to be 36.8 million yuan to the mother

According to Zhitong Finance App News, Xintian Technology (300615.SZ) released the 2026 semi-annual results forecast. The company expects to achieve a loss of 36.8 million yuan to 50.8 million yuan in the 2026 semi-annual period, changing from profit to loss over the previous year; net profit after deducting non-recurring profit and loss is a loss of 38 million yuan to 52 million yuan, from profit to loss year-on-year.

The main reasons why the company is expected to achieve a loss of 36.8 million yuan to a loss of 50.8 million yuan to a loss of 50.8 million yuan in the semi-annual year of 2026 are as follows: (1) Due to factors such as increased market competition and lack of capital, the participating company ceased operations at the end of April 2026, and the company assessed that the relevant accounts receivable had no clear recovery time or repayment plan for the foreseeable future. According to the accounting estimation policy, the full amount of the receivables was accrued, and the credit impairment losses accrued during the reporting period were about 71.53 million yuan, affecting net profit attributable to the mother about 60.43 million yuan; (2) Due to the closure of the participating companies, future results are not expected to be achieved, and the unpaid equity transfer amount of 14.1 million yuan is included in fair value change income. At the same time, long-term equity investment impairment reserves of 11.96.48 million yuan are included, including asset impairment losses. The total impact of the two on net profit to the mother was about 1,284,000 yuan (3);) Inventory during the reporting period, calculated in the current period in accordance with accounting estimation policies Price reduction preparations increased compared to the same period of the previous year, leading to an increase in asset impairment losses; (4) during the reporting period, foreign currency assets were affected by exchange rate fluctuations, leading to an increase in interest expenses on bank loans, which together led to an increase in financial expenses over the same period of the previous year; (5) During the reporting period, the increase in the company's sales orders led to an increase in operating income, and revenue for the first half year of 2026 increased by about 60% over the same period of the previous year. The continued growth of the company's main business has made up for losses caused by long-term equity investment and asset depreciation to a certain extent.

During the reporting period, the company expected the amount of non-recurring profit and loss to affect net profit of about 1.22 million yuan (mainly due to the company's revenue from waste sales and various subsidies).