Weixing New Material 1H 2026 Revenue Down 8.71% to RMB1.897 billion, Net Profit Up 43.9% on Investment Gains
Weixing New Material reported its 2026 semi-annual results, with revenue of RMB1.897 billion, down 8.71% year-on-year, and net profit attributable to shareholders of RMB390 million, up 43.9%. The profit surge was driven by non-recurring items, including RMB125 million in investment income from Ningbo Dongpeng Heli Equity Investment Partnership and RMB26.88 million in gains from acquiring Beijing Songtiancheng Technology, while basic EPS stood at RMB0.25.
Weixing New Material disclosed its semi-annual report for 2026. During the reporting period, the company achieved operating revenue of RMB1.897 billion, down 8.71% year-on-year; net profit attributable to shareholders of the listed company was RMB390 million, up 43.9% year-on-year; basic earnings per share was RMB0.25.
The main reason for the performance change was the recognition of investment income of RMB125 million from Ningbo Dongpeng Heli Equity Investment Partnership (Limited Partnership), as well as a gain of RMB26.8806 million from the acquisition of equity in Beijing Songtiancheng Technology Co. , Ltd. , among other non-recurring items.
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The event has a measured impact on 1 industry. The strongest current signal is neutral for Basic Building Materials, with intensity 20/100 and 60% confidence over a short term horizon.
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