YiShi Innovation's total market capitalization has dropped from over 150 billion yuan at its peak to approximately 44 billion yuan.
# The市值 of Yingshi Innovation has evaporated by over 100 billion yuan: From “leading global player” to “company with increasing revenue but not profit” ## Key Events The market value of Yingshi Innovation (688775.SH) has decreased from over 150 billion yuan at its peak to approximately 44 billion yuan, with the market value evaporating by over 100 billion yuan in just one year. The company’s stock price fell to 108.18 yuan on September 4, 2025, down about 71% from its highest point of 377 yuan since listing. ## Key Data | Indicator | Data | |----------|------| | Market value loss | Over 150 billion yuan → approximately 44 billion yuan | | Stock price decline | Approximately 71% (from September 4, 2025, to September 3, 2026) | | Revenue in the half-year report of 2026 | 55.17 billion yuan, up 50.29% year-on-year | | Net profit in the half-year report of 2026 | 30.4073 million yuan, a sharp drop of 94.15% year-on-year | | Gross margin in the half-year report of 2026 | 41.42%, a 10 percentage points decrease from the previous year | | R&D investment…