Guangwei Composites disclosed its 2026 semi-annual report. In the first half, total operating revenue reached 1.319 billion yuan, up 9.83% year on year, but net profit attributable to the parent company was 199 million yuan, down 26.21% year on year. Net profit after deducting non-recurring items was 184 million yuan, down 25.18% year on year, and net cash flow from operating activities was negative 114 million yuan, compared with 307 million yuan in the same period last year. Basic earnings per share were 0.241 yuan, and the weighted average return on net assets was 3.44%, down 1.32 percentage points year on year. As of the end of the first half, the company's inventory book value was 1.023 billion yuan, accounting for 18.7% of net assets, an increase of 224 million yuan from the end of last year.
Weihai Guangwei Composites Co LtdNet profit fell 26.21% year on year despite revenue growth, with operating cash flow turning negative.
