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Suzhou Veichi Electric Co. Ltd. A

Suzhou Veichi Electric Co., Ltd. is a Chinese company engaged in the research, development, procurement, production, and sale of industrial automation products both in China and internationally. Its offerings include low-voltage drives, servo systems, PLCs, HMIs, medium-voltage drives, multi-motor drives, four-quadrant inverters, VFD accessories, and robot components, as well as industrial robots such as six-axis, four-axis, SCARA, collaborative, and welding robots, and robot system equipment. The company also provides solar pump systems, renewable energy products like hybrid inverters, off-grid and on-grid inverters, battery test systems, EV controllers, and lithium batteries, along with industry-specific drive products. Founded in 2005 and headquartered in Suzhou, China, it operates as a subsidiary of Huaian Veichi Electric Co., Ltd.

Price · split & dividend adjusted
News & notes moving 688698.CG
688698.CG

Weichuang Electric's 2026 interim report shows net profit of 110 million yuan, down 21.76% year-on-year

Weichuang Electric released its 2026 interim report. Total operating revenue was 1.066 billion yuan, and net profit attributable to the parent company was 110 million yuan, down 21.76% from the same period last year. Net cash flow from operating activities was negative 151 million yuan, a decrease of 129 million yuan compared with the same period last year. The company's asset-liability ratio was 36.72%, gross margin was 32.50%, and ROE was 4.58%, all lower than the same period last year. Diluted earnings per share were 0.52 yuan, down 22.39% year-on-year.
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