000880SZSE

Q1 Report for 2026

Weichai Heavy Machinery Co., Ltd.··11 pages

✨ AI Summary

This announcement presents the Q1 2026 financial report of Weichai Heavy Machinery Co., Ltd. The company reported a significant increase in revenue of 87% year-on-year, reaching approximately 2.07 billion yuan. Net profit attributable to shareholders rose by 76.49% to about 54.59 million yuan. However, the net cash flow from operating activities showed a negative balance of approximately 16.45 million yuan, indicating challenges in cash generation during the quarter.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Important Content Reminder

  1. The Board of Directors and senior management guarantee that the quarterly report is true, accurate, and complete, with no false records, misleading statements, or significant omissions, and they bear individual and joint legal responsibility.
  2. The person in charge of the company, the head of accounting, and the accounting institution declare that they ensure the financial information in the quarterly report is true, accurate, and complete.
  3. Is the financial accounting report for the first quarter audited? □ Yes ☑ No

Main Financial Data

(1) Key Accounting Data and Financial Indicators

Does the company need to restate or adjust previous years' accounting data? ☑ Yes □ No
Reasons for restatement or adjustment: □ Change in accounting policy □ Correction of accounting errors ☑ Business combination under common control □ Other reasons

ItemCurrent PeriodSame Period Last YearChange (%)
Adjusted Revenue (CNY)2,066,759,172.111,066,642,503.8987.00%
Net Profit Attributable to Shareholders (CNY)54,594,888.1231,804,553.2376.49%
Net Profit Attributable to Shareholders Excluding Non-Recurring Gains and Losses (CNY)47,418,539.9826,376,575.7179.78%
Net Cash Flow from Operating Activities (CNY)-16,446,831.28269,277,183.18-105.56%
Basic Earnings per Share (CNY/share)0.120.1076.49%
Diluted Earnings per Share (CNY/share)0.120.1076.49%
Weighted Average Return on Equity (%)2.56%1.53%1.30%

(2) Non-Recurring Gains and Losses

ItemAmount (CNY)Description
Gain/Loss from Disposal of Non-Current Assets245,131.45
Government Subsidies Included in Current Profit and Loss7,420,101.12Excluding those closely related to normal business operations
Fair Value Changes of Financial Assets and Liabilities117,123.29Excluding effective hedging business
Other Non-Operating Income and Expenses660,406.66
Less: Income Tax Impact1,266,414.38
Total7,176,348.14

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.