Zejiang Weiming Environment Protection (603568) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 was ¥3.07 billion, down 21.39% year-over-year; net profit attributable to shareholders was ¥929.54 million, down 34.76%.

• Cash flow from operations was ¥1.15 billion, a 13.04% decrease year-over-year.

• The company continued to expand in environmental governance, equipment manufacturing, and new energy materials, with overseas projects in Indonesia making key progress.

• No interim dividend or capital increase from reserves was proposed for the period.

Financial highlights

• Operating income: ¥3.07 billion (down 21.39% YoY); net profit: ¥929.54 million (down 34.76% YoY).

• Operating cash flow: ¥1.15 billion (down 13.04% YoY).

• Basic EPS: ¥0.45 (down 46.43% YoY); diluted EPS: ¥0.45 (down 45.12% YoY).

• Gross margin and net margin declined; weighted average ROE was 6.08%, down 4.08 percentage points YoY.

• Total assets at period end: ¥29.59 billion; net assets attributable to shareholders: ¥14.70 billion.

Outlook and guidance

• The company will continue to focus on high-quality growth in environmental, equipment, and new energy materials sectors.

• Plans to deepen domestic and overseas market expansion, especially in Southeast Asia.

• Will maintain prudent financial management and seek to enhance shareholder returns through stable dividends and share buybacks.