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Want Want China (151) investor relations material
Want Want China H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for the first half of 2025FY rose 2.1% year-over-year to RMB11,107.8 million, with sales volume up nearly double digits and strong growth in emerging channels and new products.
Profit attributable to equity holders fell 7.8% year-over-year to RMB1,717.4 million, with margin down 1.6 percentage points to 15.5%.
Gross profit margin declined by 1.1 percentage points to 46.2% due to higher costs for imported whole milk powder and palm oil, despite lower costs for other materials.
Operating profit dropped 11.0% year-over-year to RMB2,260.7 million, with operating margin at 20.4%.
New products launched in the past five years contributed a mid-teen percentage of total revenue, becoming a key growth driver.
Financial highlights
Revenue: RMB11,107.8 million (+2.1% YoY); Gross profit: RMB5,131.7 million (-0.2% YoY).
Operating profit: RMB2,260.7 million (-11.0% YoY); Net profit: RMB1,717.4 million (-7.8% YoY).
Basic and diluted EPS: RMB14.55 cents (-7.8% YoY).
Gross profit margin: 46.2% (-1.1ppt YoY); Operating margin: 20.4% (-3.0ppt YoY); Net margin: 15.5% (-1.6ppt YoY).
Net cash as of 30 September 2025: RMB10,320.5 million; total borrowings: RMB4,666.4 million.
Outlook and guidance
Focus on internal optimisation, diversification, and synergy between domestic and overseas operations.
Continued investment in product R&D, channel structure optimisation, and creative marketing to drive sustainable growth.
Plans to further expand overseas, especially in Vietnam, and accelerate e-commerce and new retail deployment.
- TimeTickerHeadlineOpen
- SLAB
Shareholders will vote on a proposed acquisition by Texas Instruments, with closing expected in 2027. - SLAB
Acquisition by Texas Instruments announced, pending shareholder and regulatory approval. - TTMI
Q4 and FY 2025 saw 19% revenue growth, record EPS, and strong AI-driven demand. - ATEN
Record 2025 results and 10–12% growth outlook, led by security and AI demand. - WOLF
Q4 revenue was $201M, with strong EV growth and Mohawk Valley Fab ramping up. - WOLF
Q1 revenue flat, deep losses, major restructuring, and $2.5B in new funding secured. - RAL
Q4 revenue rose 1% to $555M, with strong cash flow and a $1.4B goodwill impairment. - FMC
Revenue and profit fell sharply in 2025, with further declines expected in 2026. - LTRX
Q2 revenue $29.8M, non-GAAP EPS $0.04, drone revenue guidance raised, cash at $23M. - AFL
Net earnings dropped, but adjusted EPS and U.S. sales grew; $800M in share repurchases.
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