LONGi reports a CNY 1.76 billion loss: what it means for LONGi stock

Published on 10/08/2026 at 12:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LONGi revenue reached CNY 15.85 billion in the second quarter, up from CNY 11.19 billion. For LONGi stock, net loss was CNY 1.76 billion.

LONGi, CNE100001FR6, Illustration mit AI erstellt.

LONGi (ISIN CNE100001FR6) reported CNY 15.85 billion in revenue and a CNY 1.76 billion net loss for the second quarter of 2026, while LONGi stock remains tied to a difficult solar pricing cycle. Investing.com reported the figures for the latest quarter, and Ground News reported on October 8, 2026 that EnergyTrend covered a September 30 update involving LONGi and other major photovoltaic manufacturers.

What the loss means for margins

LONGi's second-quarter revenue increased from CNY 11.19 billion in the first quarter to CNY 15.85 billion, according to Investing.com. The comparison shows higher sales, but it did not produce a positive bottom line: the CNY 1.76 billion second-quarter net loss followed a CNY 1.92 billion loss in the prior quarter.

The finance statement for the second quarter also shows operating cash flow of minus CNY 3.25 billion and capital expenditures of CNY 1.01 billion. That combination leaves profitability and cash conversion as the central operating questions for the solar manufacturer.

Solar demand meets industry pressure

LONGi produces photovoltaic wafers, cells and modules as well as solar power solutions, with headquarters in Xi'an, China. Its Shanghai listing uses ticker 601012, and the company's investor page identifies the 2026 first-quarter report and 2025 annual report as published investor materials.

The September 30 industry update matters because it placed LONGi alongside Jinko Solar and Canadian Solar in a discussion of photovoltaic and energy-storage developments. Ground News attributed the update to EnergyTrend, giving the sector discussion a September 30 event date rather than treating it as a new earnings release.

Stock range remains wide

LONGi stock had a CNY 10.75 to CNY 23.57 52-week range on October 8, 2026, while market capitalization stood at CNY 83.7 billion. The range is more than twice as wide from low to high as the latest quarterly net loss is in absolute CNY terms, underscoring the gap between the company's operating results and the market's longer-term valuation debate.

The next substantive test is whether stronger revenue can translate into positive operating cash flow and narrower losses. For investors, the second-quarter figures make that conversion more important than revenue growth alone.