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Shenzhen Woer Heat-Shrinkable Material Co Ltd

ShenZhen Woer Heat-Shrinkable Material Co., Ltd. provides electrical and mechanical insulation solutions in China and internationally, operating through five segments: Electronic Materials, Communication Cables, Power, New Energy, and Wind Power Generation. Its products include heat shrinkable sleeves, busbar tubes, cable accessories, cable branch boxes, ring network cabinets, high and low voltage switchgears, silicone wires, PTFE casings, and various wire and cable protection and identification products. These offerings serve industries such as electronics, power, metallurgy, petrochemical, automobile, high-speed rail, coal mine, and aerospace. The company was founded in 1998 and is headquartered in Shenzhen, China, and also exports to Europe, the United States, and Southeast Asia.

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Woer Heat-Shrinkable Material Releases 2026 Interim Report with Net Profit of 567 Million Yuan

Woer Heat-Shrinkable Material has released its 2026 interim report. The company's total operating revenue was 4.653 billion yuan, net profit attributable to the parent company was 567 million yuan, and net cash inflow from operating activities was 472 million yuan. The company's latest asset-liability ratio was 38.99 percent, up 3.17 percentage points from the previous quarter. Its latest gross margin was 29.41 percent, down 1.05 percentage points from the previous quarter and down 3.04 percentage points from the same period last year. The latest return on equity was 6.16 percent, down 3.28 percentage points from the same period last year. Diluted earnings per share were 0.42 yuan, down 6.67 percent from the same period last year. The company's latest total asset turnover was 0.33 times, down 9.28 percent from the same period last year. Its latest inventory turnover was 2.39 times, down 13.15 percent from the same period last year. The company had 212,500 shareholders, and the top ten shareholders held 399 million shares, accounting for 28.51 percent of total share capital.
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Jiemian·25dRead more →
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Woer New Energy, a subsidiary of Woer Heat-Shrinkable Material, wins Shenzhen Pingshan industrial land for 7.15 million yuan

Woer New Energy, a subsidiary of Woer Heat-Shrinkable Material, has won a parcel of industrial land in Pingshan District, Shenzhen, for 7.15 million yuan. The site is located in Longtian Subdistrict, with parcel number G13111-0115, covering a land area of 2,322.65 square meters and a building area of 8,129 square meters, with a 30-year usage term, and is adjacent to Woer New Energy's existing production base. The company previously held a board meeting on July 30 to approve the participation in the bidding, with funds sourced from the subsidiary's own capital. The company stated that acquiring this land will meet the subsidiary's needs for research and development, production, and other operational facilities, enhance production synergy, and will not affect the normal operation of existing businesses. Subsequent procedures such as payment and ownership certificate processing will be carried out.
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为子公司自筹资金·45dRead more →
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Woer Heat-Shrinkable Material Plans to Repurchase Up to HK$150 Million of H Shares for Cancellation and Capital Reduction

Woer Heat-Shrinkable Material announced that its board of directors has approved an H-share repurchase plan, with a total repurchase amount not exceeding HK$150 million. The number of shares to be repurchased will not exceed 10% of the total issued H shares. The funding source is the company's own funds, and the repurchased shares will be cancelled to reduce registered capital.
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为自有资金·51dRead more →
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