Weiteng Electric released its 2026 interim report on August 28, 2026. During the reporting period, the company achieved total operating revenue of 2.295 billion yuan and net profit attributable to the parent company of 17.56 million yuan, ranking 89th among peer companies that have already disclosed results. Net cash flow from operating activities was negative 234 million yuan, a decrease of 118 million yuan compared with the same period last year. The company's asset-liability ratio was 63.52%, gross margin was 12.37%, and return on equity was 0.87%, all ranking toward the lower end among peers. Diluted earnings per share were 0.09 yuan, total asset turnover was 0.41 times, and inventory turnover was 3.86 times, down 1.50% year on year. The number of shareholders was 12,300, and the top ten shareholders held 48.29% of total share capital.
Wetown Electric Group Co LtdNet profit of 17.56 million yuan is low, with negative operating cash flow and weak margins, indicating poor financial performance.