CCID Consulting down in revenues and profits

Beijing, 27th August: CCID Consulting, a research and information service provider in China, has announced its financial results for the first half of 2026, with revenues of US$11.6 million, down 39% from the first half of 2025. The company’s net profit dropped 87% year-on-year, down to US$811,000. Earnings per share in the six-month period were RMB 0.0079 (US$0.0012).

More than 54% of CCID’s revenues were generated from its Decision-making consulting services, amounting to US$6.3 million. This segment decreased by 54% year-on-year. The second largest business segment was CCID’s Science and technology innovation platform services, generating revenues of US$3.9 million, and accounting for about 34% of the company’s total revenues. This segment grew 24% over the first half of 2025. The remaining revenues were generated from its Data platform services (US$1.4 million), which recorded a decline of 35% from the same period last year.

The company attributed the decrease to intensifying industry competition, changes in customer demand, and tighter budgets, leading to a decrease in revenue the Decision-making consulting services.

In the future, the company will continue to transform its focus from “quantity and scale growth” to enhancing “quality and influence”, under four directions: stability, innovation, digitalization, and optimization.