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Jiangsu WELLE Environmental Co Ltd

WELLE Group Co., Ltd., together with its subsidiaries, provides treatment solutions for municipal, agricultural, and industrial fields in China and internationally. Its offerings include food and kitchen waste treatment, waste leachate and municipal sewage treatment, waste-to-energy, and river remediation for the municipal sector; organic waste utilization and rural domestic sewage treatment for the agricultural sector; and industrial wastewater and flue gas treatment, VOC recovery, and industrial energy-saving and waste utilization for the industrial sector. The company also designs, manufactures, and commissions environmental protection equipment and sorting and recycling equipment. Founded in 2003 and headquartered in Changzhou, China, it was formerly known as WELLE Environmental Group Co., Ltd. and changed its name to WELLE Group Co., Ltd. in June 2026.

Price · split & dividend adjusted
News & notes moving 300190.CS
300190.CS

WELLE Environmental Group Releases 2026 Interim Report with Net Profit of 32.1993 Million Yuan

WELLE Environmental Group released its 2026 interim report, with net profit attributable to the parent company of 32.1993 million yuan. The company's total operating revenue was 687 million yuan, a decrease of 13.64% compared with the same period last year, down by 108 million yuan. Net cash inflow from operating activities was 249 million yuan. The latest asset-liability ratio was 46.97%, gross margin was 25.71%, ROE was 1.03%, and diluted earnings per share was 0.03 yuan. The number of shareholders was 20,400, and the top ten shareholders held 385 million shares, accounting for 40.58% of the total share capital.
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WELLE Turns Profitable in First Half as Bio-Natural Gas Becomes Growth Engine

WELLE disclosed its semi-annual report for 2026, recording operating revenue of 687 million yuan, down 13.64 percent year on year, and net profit attributable to the parent of 32.1993 million yuan, swinging to a profit. Net profit attributable to the parent after deducting non-recurring items was 11.1159 million yuan, and net cash flow from operating activities was 249 million yuan, a substantial year-on-year improvement. The company continued to optimize its business structure, scaling back low-margin municipal engineering operations while focusing on high-margin businesses. Gross margin in the environmental engineering segment improved, and BOT operation business remained stable. The improvement in performance mainly came from strict cost control, intensified collection of accounts receivable, and better profitability of existing operation and maintenance projects. The company kept expanding in bio-energy sectors such as bio-natural gas and bio-fuel oil. As projects under construction gradually come on stream, they are expected to become an important growth engine for future performance.
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