Wanfeng Auto Wheel disclosed its 2026 semi-annual report on August 26. In the first half, it achieved total operating revenue of 7.481 billion yuan, down 0.18 percent year on year. Net profit attributable to the parent company was 418 million yuan, down 16.46 percent. Non-GAAP net profit was 321 million yuan, down 16.99 percent. Net cash flow from operating activities was 436 million yuan, down 11.98 percent. The company plans to distribute a cash dividend of 1.5 yuan per 10 shares, tax included. As of the end of the first half, the company's cash and cash equivalents increased by 17.81 percent from the end of the previous year, long-term borrowings increased by 105.86 percent, and inventory book value was 2.971 billion yuan, accounting for 43.24 percent of net assets.
Zhejiang Wanfeng Auto Wheel Co LtdFirst-half net profit fell 16.46% year-on-year, missing expectations.
