002026 Shandong Weida MachineryWatchlist
About Shandong Weida Machinery Company
The company was approved by Lu Zheng Shares (1998) No. 25 of the Shandong Provincial People's Government on May 28, 1998, and was jointly initiated by Wendeng Weida Machinery Co., Ltd. (name changed to Shandong Weida Group Co., Ltd. in 2009), Wendeng Kunyu Technology Development Co., Ltd., Wendeng Yushan Welfare Plastic Factory, Wendeng Yushan Real Estate Development Co., Ltd., and Shandong Weida Machine Tool Group Corporation Employee Shareholding Association. The company was registered and established with the Shandong Administration for Industry and Commerce on July 8, 1998, with a registered capital of 40 million yuan. The company is an invisible champion in the global power tool accessories industry, the first batch of individual champion demonstration enterprises in the manufacturing industry of the Ministry of Industry and Information Technology, an intelligent manufacturing pilot demonstration project enterprise, a leader in the domestic NEV charging and switching industry, and a leading provider of intelligent equipment manufacturing, intelligent manufacturing full-process solutions and intelligent control solutions in China. The company is committed to power tools, household appliances, automobiles, electronics, fine chemicals, food and beverage, high-end equipment, military industry and other industries, and to the world's top 500 customers such as Stanley Patek, Bosch, TTI, Makita, etc., of various specifications and models of power tool accessories products such as drill chucks, power tool switches, lithium battery packs, powder metallurgy parts, precision castings, and saw blades; providing one-stop service for power exchange stations from R&D to manufacturing; developing battery packs and management control systems for electric bicycles and other tools in the new energy industry; providing domestic and foreign manufacturers Move Products and services such as automation, logistics automation, warehousing automation, intelligent equipment solutions, and high-end CNC machine tools. The company has successively won honors such as “National Intellectual Property Demonstration Enterprise”, “Intelligent Manufacturing Pilot Demonstration Project of the Ministry of Industry and Information Technology”, “Shandong Province's Centennial Brand Cultivation Enterprise”, “Shandong Manufacturing High-end Brand Cultivating Enterprise”, “Shandong Quality Benchmarking Enterprise”, and “Shandong Houdao Lu Brand Enterprise”.
Interpretation of Shandong Weida's 2023 Interim Report: Net operating cash flow increased sharply, net profit declined
According to Shandong Weida's 2023 interim report, revenue for the reporting period was 1,179,508,154.68 yuan, down 13.60% from 1,365,160,635.71 yuan in the same period last year. This may be due to factors such as changes in the market environment or adjustments in the company's business strategy. Meanwhile, net profit attributable to shareholders of listed companies during the reporting period was 71,722,901.81 yuan, down 56.95% from 166,592,026.15 yuan in the same period last year. This indicates that the company's profitability declined during the period. However, it belongs to the shareholders of the listed company
Shandong Weida (002026.SZ): Net profit for the first half of the year was 71,7229 million yuan, down 56.95% year-on-year
GLONGHUI, August 21丨Shandong Weida (002026.SZ) released its semi-annual report. Revenue was 1.18 billion yuan, down 13.60% year on year, net profit was 71.7229 million yuan, down 56.95% year on year, after deducting non-net profit of 698.915 million yuan, down 55.78% year on year, and basic earnings per share were 0.16 yuan.
Shandong Weida (002026.SZ): The holding company Sun currently mainly supplies power exchange station equipment for NIO
On August 8, GLONGHUI | Shandong Weida (002026.SZ) said on an interactive platform that in the field of power exchange for new energy vehicles, Kunshan Swop Intelligent Equipment Co., Ltd., which holds Sun Company, currently mainly supplies power exchange station equipment for NIO.