Weifu High-Technology Group (000581) Q4 2025 earnings summary

Executive summary

• Revenue reached ¥12.02 billion, up 7.67% year-over-year; net profit attributable to shareholders was ¥1.07 billion, down 35.63% year-over-year.

• Gross margin for auto parts was 16.63%, a decrease of 0.87 percentage points year-over-year.

• The company maintained leading positions in core product markets and expanded in intelligent, electric, and hydrogen sectors.

• Major investments included new subsidiaries in hydrogen and suspension systems, and deepened strategic cooperation with Bosch.

• A cash dividend of ¥7 per 10 shares was proposed, with total payout of ¥676.75 million.

Financial highlights

• Operating cash flow was ¥993 million, down 37.26% year-over-year.

• EBITDA/total debt ratio was 60.01%, down 30.87 percentage points year-over-year.

• R&D expenses were ¥695.55 million, accounting for 5.78% of revenue.

• Total assets at year-end were ¥29.67 billion, up 4.45% from the previous year.

• Net assets attributable to shareholders were ¥19.92 billion, up 0.39% year-over-year.

Outlook and guidance

• Strategic focus on internationalization, intelligent automotive, and new industrial systems.

• 2026 priorities include expanding core business, accelerating new market entry, and enhancing global competitiveness.

• Continued investment in hydrogen, intelligent chassis, and digital transformation.