ST Weihai 2026 Interim Report Net Profit of 7.44 Million Yuan, Down 10.60% Year-on-Year

Earnings
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ST Weihai released its 2026 interim report, with net profit attributable to the parent company of 7.44 million yuan, a decrease of 10.60% compared with the same period last year. The company's total operating revenue was 612 million yuan, a decrease of 218 million yuan from the same period last year, down 26.26% year-on-year. Net cash flow from operating activities was negative 156 million yuan, an increase of 165 million yuan compared with the same period last year. The company's latest asset-liability ratio was 48.51%, up 3.25 percentage points from the previous quarter and down 7.75 percentage points from the same period last year. The latest gross margin was 11.68%, down 0.38 percentage points from the previous quarter and up 0.40 percentage points from the same period last year, achieving three consecutive years of growth. The latest return on equity was 0.23%, down 0.05 percentage points from the same period last year. Diluted earnings per share were 0.01 yuan, down 10.96% from the same period last year. The latest total asset turnover was 0.10 times, down 15.63% from the same period last year. The latest inventory turnover was 52.39 times, up 593.25% from the same period last year. The company had 9,935 shareholders, and the top ten shareholders held 592 million shares, accounting for 51.72% of the total share capital.

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