Weishi Electronics swings to loss with net loss of 51.7 million yuan in 2026 interim report

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Weishi Electronics released its 2026 interim report. Total operating revenue was 1.133 billion yuan, and net profit attributable to the parent company was a loss of 51.7 million yuan, swinging from profit to loss. Compared with the same period last year, it decreased by 71.18 million yuan, a year-on-year decline of 365.40%. Net cash flow from operating activities was a negative 61.83 million yuan, a decrease of 9.61 million yuan from the same period last year. The company's latest asset-liability ratio was 38.74%, gross margin was 6.84%, return on equity was negative 2.97%, and diluted earnings per share was negative 0.22 yuan.

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Company swung to a net loss of 51.7 million yuan in its 2026 interim report, with revenue and cash flow declining.