Wolong Electric Drive released its 2026 interim report. During the reporting period, the company's total operating revenue was 7.467 billion yuan, down 7.02% from the same period last year. Net profit attributable to the parent company was 352 million yuan, down 34.55% year-on-year. Net cash inflow from operating activities was 423 million yuan, down 40.39% year-on-year. The company's latest asset-liability ratio was 54.69%, gross margin was 23.32%, down 2.17 percentage points from the same period last year, and return on equity was 3.22%, down 1.91 percentage points year-on-year. Diluted earnings per share were 0.23 yuan, down 34.29% year-on-year. The company had 340,900 shareholders, and the top ten shareholders held 43.81% of the total share capital.
Wolong Electric Group Co LtdInterim report shows net profit down 34.55% YoY, revenue down 7.02%, and gross margin down 2.17pp.
