Yadea Holdings H1 Revenue RMB 18.236 Billion; Profit Attributable Down 27.2% to RMB 1.201 Billion
Yadea Holdings reported first-half 2026 revenue of RMB 18.236 billion, down 4.95% year on year, while profit attributable to shareholders fell 27.18% to RMB 1.201 billion. Basic earnings per share stood at RMB 0.394, with no interim dividend declared. Gross profit declined approximately 14% to RMB 3.236 billion. The revenue drop was driven by lower sales of electric bicycles, batteries and chargers, particularly electric bicycles, reflecting short-term industry demand pressure after the switch to the new national standard and consumer preference moving toward electric mopeds. The company will continue product innovation, optimize its portfolio, improve efficiency, and expand overseas through deeper market penetration, wider distribution, and stronger localized manufacturing.
Yadea Holdings announced its results for the first half of 2026. For the six months ended June 30, profit attributable to shareholders was RMB 1.201 billion, a year-on-year decrease of 27.18%; basic earnings per share were RMB 0.394, and no interim dividend was declared. During the period, revenue was RMB 18.236 billion, down 4.95% year on year; gross profit was RMB 3.236 billion, down approximately 14% year on year.
The revenue decline was mainly due to lower sales of electric bicycles, batteries and chargers, with electric bicycle sales declining, reflecting short-term pressure on industry demand after the full transition to the new national standard, as well as a shift in consumer preference towards electric mopeds. The company plans to continue to strengthen product innovation, optimize its product mix and improve operational efficiency, while further developing its overseas business by deepening market penetration, expanding distribution coverage, and strengthening localized manufacturing and supply chain capabilities.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is negative for Light Mobility, with intensity 50/100 and 70% confidence over a short term horizon.
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