Wencan Group released its 2026 interim report, with net profit attributable to the parent company at negative 216 million yuan, swinging from profit to loss. Total operating revenue was 2.8 billion yuan, down 0.11 percent from the same period last year. Net cash flow from operating activities was negative 177 million yuan, down 557.43 percent year on year. The company's latest asset-liability ratio was 59.63 percent, gross margin was 6.87 percent, return on equity was negative 5.64 percent, and diluted earnings per share was negative 0.69 yuan.
Guangdong Wencan Die Casting Co LtdNet loss of 216 million yuan, swinging from profit to loss, with negative operating cash flow and weak margins.
