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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Zhejiang Wanfeng Auto Wheel
Zhejiang Wanfeng Auto Wheel (002085) investor relations material
Zhejiang Wanfeng Auto Wheel Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary25 Oct, 2026
Executive summary
9M 2026 revenue was ¥11.456bn, up 0.36% YoY; net income attributable to shareholders was ¥540.9m, down 25.81% YoY.
Q3 revenue rose 1.38% YoY to ¥3.976bn, while attributable net income fell 46.28% to ¥122.8m.
Financial highlights
9M adjusted net income, excluding non-recurring items, was ¥414.6m, down 31.20% YoY; Q3 adjusted net income was ¥93.3m, down 56.72%.
9M operating profit was ¥690.3m versus ¥898.8m a year earlier; net profit was ¥639.0m versus ¥909.5m.
9M basic and diluted EPS were ¥0.25, down 26.47% YoY; Q3 EPS was ¥0.06, down 45.45%.
9M operating cash flow increased 12.67% YoY to ¥631.1m.
Outlook and guidance
Priorities include growing lightweighting products for new-energy vehicles, expanding magnesium-alloy applications, and developing higher-value customer programs.
Aircraft plans include eVTOL, DA40 and DART development and certification, global market expansion, and investment in supply-chain resilience and domestic delivery infrastructure.
The strategy targets low-altitude aviation and urban air mobility through aircraft manufacturing, intelligent systems and takeoff-and-landing infrastructure.
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Latest events from Zhejiang Wanfeng Auto Wheel
- Net profit fell 16.46% year-over-year as aviation revenue dropped, but automotive parts grew 5.18%.002085
Q2 2026 - Net profit jumped 51.1% to ¥987 million despite a slight revenue dip, with strong cash flow and eVTOL advances.002085Q4 2025
- Revenue up 3.14% but net profit down 11.64% in Q1 2026; cash flow turned negative.002085Q1 2026
- Net profit surged 29.38% on stable revenue, driven by aviation growth and Volocopter acquisition.002085Q3 2025
- Net profit surged 25.74% to ¥500.6 million on stable revenue and strong aviation growth.002085Q2 2025
- YTD net profit rose 5.07% despite lower Q3 revenue and sharply reduced cash flow.002085Q3 2024
- Net profit surged 24.9% YoY to ¥398M despite a slight revenue dip in H1 2024.002085Q2 2024
- 2024 revenue rose slightly to ¥16.26B, but net profit dropped 10.14% to ¥653M.002085Q4 2024
- Net profit jumped 21% in Q1 2025, fueled by asset acquisitions and robust cash flow.002085Q1 2025
Next Zhejiang Wanfeng Auto Wheel earnings date
Q4 202629 Apr, 2027
Zhejiang Wanfeng Auto Wheel
Next Zhejiang Wanfeng Auto Wheel earnings date
Q4 202629 Apr, 2027
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