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Weihai Huadong Automation Co Ltd

Weihai Huadong Automation Co., Ltd. researches, develops, produces, and sells CNC machine tools, conventional machine tools, and components in China and internationally. Its products include CNC gantry milling and grinding machines, CNC cylindrical grinding machines, universal radial milling machines, hydrostatic spindles, and other machine tools, along with grinding and milling services. The company also offers surface grinders, machining centers, cylindrical grinders, turret mills, boring machines, CNC vertical lathes, and precision CNC round table grinding machines. Founded in 2002, it is headquartered in Weihai, China.

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Huadong CNC's 2026 interim net profit was 12.8354 million yuan, down 5.52% year-on-year

Huadong CNC released its 2026 interim report, with net profit attributable to the parent company of 12.8354 million yuan, a decrease of 5.52% compared with the same period last year. The company's total operating revenue was 155 million yuan, down 5.17% year-on-year; net cash flow from operating activities was negative 1.6882 million yuan, down 108.17% year-on-year. The latest asset-liability ratio was 76.27%, gross margin was 26.00%, ROE was 10.71%, and diluted earnings per share was 0.04 yuan. The number of shareholders was 46,600, and the top ten shareholders held 72.291 million shares, accounting for 23.51% of the total share capital.
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Machine tool concept surges; Huadong CNC hits three consecutive daily limit ups; Zhejiang’s first supply-demand matchmaking event signs deals exceeding 100 million yuan

The machine tool concept continued to be active in early trading on August 12, with Huadong CNC hitting three consecutive daily limit ups, while Rifa Precision Machinery and Shenyang Machine Tool hit their daily limit ups, and many other stocks rose in tandem. Recently, Pinghu in Zhejiang held the first "Machine Tool Plus" supply-demand matchmaking event for hundreds of industries and thousands of enterprises, releasing the Zhejiang Province Machine Tool Supply List. Five cooperation projects were signed on site, with total procurement value exceeding 100 million yuan. On the supply side, a research report from Zhongtai Securities pointed out that Fanuc and Mitsubishi CNC systems will face shortages starting April 2026, opening a window for domestic independent and controllable alternatives. On the demand side, capital spending is robust in AI computing, semiconductors, and new energy vehicle components, driving a recovery in machine tool demand. In June 2026, domestic metal-cutting machine tool output grew 18.1 percent year-on-year, with cumulative growth of 6.9 percent from January to June. Huachuang Securities believes that the localization of high-end precision ball screws will accelerate, benefiting domestic manufacturers.
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