Sleep Home Firms Revenue Up, Profit Down in H1 2026; ST Xilinmen Up to RMB 40 Million Loss
In the first half of 2026, A-share sleep home firms saw revenue growth but profit declines. ST Xilinmen forecast a net loss of RMB 31 million to RMB 40 million, citing a RMB 49 million forex loss. Menghe's net profit fell over 93% to between zero and RMB 8 million. Qisheng Technology's net profit dropped 67% to 76% to RMB 25.8 million to RMB 34.9 million. In 2025, Menghe's electric bed revenue was RMB 647 million, and Qushui Technology's smart home revenue share reached 44%. Companies are shifting to AI sleep services.
- Effective
- 0
- Intensity
- 60
- Confidence
- 70%
- Horizon
- Medium term