---
title: "\"Performance\" NEW FOCUS AUTO's annual loss expands to 128 million RMB, auditor issues opinion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281282841.md"
description: "NEW FOCUS AUTO announced its full-year results for the year ending last December, with a revenue of RMB 585 million, a year-on-year increase of 12.9%. However, the loss widened to RMB 128 million, compared to a loss of RMB 67.923 million in the same period last year, with a loss per share of 0.75 cents, and no dividend was declared. The independent auditor pointed out that the group faces the risk of current liabilities exceeding current assets, and there are significant uncertainties that may affect its ability to continue as a going concern"
datetime: "2026-04-01T01:40:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281282841.md)
  - [en](https://longbridge.com/en/news/281282841.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281282841.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/281282841.md) | [繁體中文](https://longbridge.com/zh-HK/news/281282841.md)


# "Performance" NEW FOCUS AUTO's annual loss expands to 128 million RMB, auditor issues opinion

NEW FOCUS AUTO (00360.HK) announced its full-year results for the year ending last December, with a revenue of RMB 585 million, an increase of 12.9% year-on-year. The loss widened to RMB 128 million, compared to a loss of RMB 67.923 million in the same period last year; the loss per share is 0.75 cents. No dividend is declared.

The independent auditor issued an opinion stating that the group incurred a net loss of approximately RMB 132 million in the previous year. As of December 31, 2025, the group's current liabilities exceed its current assets by approximately RMB 297 million. The total amount of interest-bearing bank and other borrowings of the group is approximately RMB 424 million, of which approximately RMB 419 million is due for repayment within the next twelve months, with principal and/or interest payments of approximately RMB 101 million constituting a default as of the year-end date, while the group's unrestricted cash and cash equivalents amount to only approximately RMB 31.11 million. These events and circumstances, along with other matters disclosed in Note 2(b), indicate a significant uncertainty that may cast substantial doubt on the group's ability to continue as a going concern

### Related Stocks

- [NEW FOCUS AUTO (00360.HK)](https://longbridge.com/en/quote/00360.HK.md)

## Related News & Research

- [Glory Sun Land Pressed by Defaulted Debt as Trading Suspension Continues](https://longbridge.com/en/news/281174525.md)
- [Parents with student loans could fall into default if they don't take steps soon](https://longbridge.com/en/news/280808540.md)
- [AS Pro Kapital Grupp announces identification and remediation of technical covenant breach under its outstanding bonds 2020/2028](https://longbridge.com/en/news/280675821.md)
- [CORRECTION FROM SOURCE: Vertiqal Studios Provides Notice of Default | VERTF Stock News](https://longbridge.com/en/news/280530353.md)
- [Weimob Narrows Loss in 2025](https://longbridge.com/en/news/279429394.md)