Wangbian Electric's 2026 interim net profit falls 65.08% year-on-year

Earnings
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Wangbian Electric released its 2026 interim report. Total operating revenue was 1.87 billion yuan, and net profit attributable to the parent company was 19.08 million yuan, down 65.08% from the same period last year. Net cash flow from operating activities was negative 120 million yuan, a year-on-year decline of 705.02%. The company's asset-liability ratio was 64.59%, gross margin was 9.28%, ROE was 0.77%, and diluted earnings per share was 0.06 yuan. The number of shareholders was 35,300, and the top ten shareholders held 43.69% of the total share capital.

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