Zhejiang Weixing Industrial Development Co Ltd

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Weixing Shares Reports Net Profit of 413 Million Yuan in 2026 Interim Results

Weixing Shares has released its 2026 interim report. During the reporting period, the company achieved total operating revenue of 2.659 billion yuan and net profit attributable to the parent of 413 million yuan. Net cash inflow from operating activities was 355 million yuan, a decrease of 74.859 million yuan compared with the same period last year, down 17.40 percent year on year. The company's latest asset-liability ratio is 35.33 percent, ranking 15th among peer companies that have disclosed data, up 3.77 percentage points from the previous quarter. Gross margin was 42.61 percent, down 0.28 percentage points from the same period last year. Return on equity was 9.11 percent, and diluted earnings per share were 0.35 yuan. The number of shareholders was 23,300, and the top ten shareholders held 47.81 percent of the total share capital.

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Weixing Co Ltd first-half 2026 net profit 413 million yuan, up 11.84% year on year

Weixing Co Ltd disclosed its 2026 semi-annual report on August 27. In the first half, total operating revenue reached 2.659 billion yuan, up 13.76% year on year. Net profit attributable to the parent company was 413 million yuan, up 11.84% year on year. Net profit after deducting non-recurring items was 405 million yuan, up 11.89% year on year. Net cash flow from operating activities was 355 million yuan, down 17.40% year on year. Basic earnings per share were 0.35 yuan, and the weighted average return on equity was 8.77%, up 0.55 percentage points year on year. As of the end of the first half, the company's inventory book value was 862 million yuan, accounting for 19.02% of net assets.

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