Shanghai DZH posts net loss in H1 2025 as equity, assets decline

Shanghai DZH Co., Ltd. reported a net loss attributable to parent company shareholders of CNY -3,470,132.15 for the six months ended June 30, 2025. This contrasts with a net loss of CNY -201,271,049.65 for the full year 2024 and a net profit of CNY 102,421,517.25 for the full year 2023.

The company's total equity for H1 2025 stood at CNY 1,384,370,689.33, down from CNY 1,433,249,277.35 at the end of 2024. This decline is largely attributed to a decrease in share capital due to the cancellation of 14,705,600.00 outstanding shares. Total assets were CNY 1,800,449,941.39 as of June 30, 2025, a decrease from CNY 1,940,036,813.32 at the end of 2024.

Revenue for the first half of 2025 was CNY 379,037,034.98, with a cost of CNY 141,788,905.97. This represents a decrease compared to full-year revenues of CNY 770,853,436.03 in 2024 and CNY 777,390,975.96 in 2023.