Shenzhen Creality 3D Technology Co., Ltd. (Creality 3D) announced that preliminary, unaudited figures for the six months ended 30 June 2026 indicate a loss attributable to owners of approximately RMB53.00–63.00 million. The same period in 2025 recorded a profit of RMB107.49 million, marking a year-on-year swing of roughly RMB160 million.
Creality 3D also expects an adjusted net loss (non-IFRS, adding back share-based compensation and listing expenses) of RMB10.00–20.00 million for the first half of 2026.
Management attributed the reversal to four factors: 1. Margin pressure from intensified promotional pricing, overseas market expansion, product mix optimisation and inventory clearance tied to upgrades. 2. Higher marketing and advertising outlays driven by the scaling-up of online direct-sales channels and broader offline promotional activities. 3. Increased research and development expenditure stemming from larger R&D headcount and greater project investment. 4. Foreign-exchange losses linked to continued Renminbi appreciation against the US dollar.
The interim results remain subject to audit and may be adjusted prior to formal release, which is scheduled by end-August 2026. Shareholders and potential investors are advised to exercise caution when dealing in Creality 3D shares.