Wanrun New Energy released its 2026 interim report. During the reporting period, the company's total operating revenue was 12.426 billion yuan, and net profit attributable to the parent company was 602 million yuan. Net cash flow from operating activities was negative 2.83 billion yuan, a decrease of 2.708 billion yuan compared with the same period last year. The company's asset-liability ratio was 78.52 percent, an increase of 1.90 percentage points from the previous quarter and 7.56 percentage points from the same period last year. Gross margin was 11.56 percent, a decrease of 2.79 percentage points from the previous quarter. Return on equity was 10.73 percent, and diluted earnings per share was 4.89 yuan.
Hubei Wanrun New Energy Technology Co. Ltd. ANet profit of 602 million yuan with negative operating cash flow and declining gross margin