Wansheng Intelligent disclosed its semi-annual report for 2026. In the first half, total operating revenue reached 635 million yuan, up 12.01% year-on-year, but net profit attributable to the parent was 54.0362 million yuan, down 44.32% year-on-year. Non-GAAP net profit was 41.7903 million yuan, down 53.22% year-on-year, and net cash flow from operating activities was negative 143 million yuan, compared with negative 176 million yuan in the same period last year. During the reporting period, basic earnings per share was 0.19 yuan, and the weighted average return on equity was 4.17%, down 3.87 percentage points year-on-year. The company's main business covers four segments: smart metering, smart IoT, smart distribution networks, and smart energy.
Zhejiang Wellsun Intelligent TechNet profit fell 44.32% year-on-year despite revenue growth, with negative operating cash flow.
