WPG (Shanghai) Smart Water Public Co. LtdNet loss widened and revenue fell sharply in interim report.

Weipaig released its 2026 interim report, with net profit attributable to the parent company at negative 130 million yuan, a widening of losses by 50.07 million yuan compared with the same period last year. The company's total operating revenue was 141 million yuan, down 57.41 percent year on year, a decrease of 190 million yuan. Net cash flow from operating activities was negative 150 million yuan, a decrease of 72.44 million yuan from the same period last year. The company's latest asset-liability ratio was 40.27 percent, up 0.26 percentage points from the previous quarter and up 3.91 percentage points from the same period last year. The latest gross margin was 39.47 percent, down 5.64 percentage points from the previous quarter and down 2.81 percentage points from the same period last year. The latest return on equity was negative 7.32 percent, down 3.26 percentage points from the same period last year. Diluted earnings per share were negative 0.23 yuan, down 0.08 yuan from the same period last year. The company's latest total asset turnover was 0.05 times, down 54.86 percent year on year. The latest inventory turnover was 0.41 times, down 53.49 percent year on year. The company had 46,500 shareholders, and the top ten shareholders held 284 million shares, accounting for 49.76 percent of total share capital.
WPG (Shanghai) Smart Water Public Co. LtdNet loss widened and revenue fell sharply in interim report.