本季度信息
根据最新财报，新华文轩2026年上半年实现营业收入50.07亿元，同比下降9.42%。同期实现经调整净利润6.63亿元，同比下降26.30%。期内综合毛利率为36.17%，同比下滑2.88个百分点。经营活动产生的现金流量净额为3.17亿元，相较上年同期的6.21亿元减少3.04亿元。
从成本结构看，销售费用6.03亿元，同比下降13.68%；管理费用6.88亿元，同比下降8.13%；研发费用约1403万元，与上年同期变动不大。
业务分项
出版业务上半年实现营收12.31亿元，同比下降3.85%，主要受图书市场环境变化以及销售折扣力度加大等因素影响；毛利率31.00%，同比减少3.14个百分点。发行业务上半年实现营收43.39亿元，同比下降10.78%，主要受到教育服务行业政策调整、学生人数下降等影响；毛利率29.83%，同比减少2.58个百分点。
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