Weichai Power earnings: date and guidance
MyStockButler's October 2026 analysis: Weichai Power's next results are expected on October 29, 2026. Weichai Power's key watch is whether orders repeat profitably and cash arrives.
What has Weichai Power guided for 2026?
The base case reaches CNY101,000m at the first date, CNY112,000m at the second and CNY123,000m at the third. It assumes retained earnings after payouts and modest buybacks, plus roughly 5% annual growth in KION’s stake value. Management’s 2026 revenue guidance of 8%–12% supports moderate growth, but does not guarantee NAV returns.
Did Weichai Power meet its previous guidance?
On 26 March 2026, management guided to a group revenue range for 2026. It had met its previous annual range in 2025, which gives the new target some credibility. But power generation, forklifts and warehouse equipment contribute alongside truck engines, so the target does not show which business will deliver the growth.
How have Weichai Power's revenue and profit trended?
Revenue reached RMB60,599.8 million, about 8.8% above the same quarter in 2025. Diluted EPS rose from RMB0.34 to RMB0.53, yet gross margin fell from 22.1% to 21.5%. Customers bought more, but the group retained less gross profit from each renminbi sold.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 60,599.75713322 | 62,563.20809463 | 61,238.65611247 | 57,418.83688658 | 55,687.97733586 | 57,463.81077191 | 53,736.92602893 | 49,463.87130611 |
| Gross margin | 21.5% | 21.4% | 20.3% | 21.4% | 22.1% | 22.2% | 24.2% | 22.1% |
| Operating income | 6,399.14691678 | 4,770.77591631 | 3,688.70982783 | 5,093.60462457 | 4,208.52511339 | 3,082.75078299 | 4,874.56754483 | 3,598.80884548 |
| Net income | 4,615.80145575 | 3,085.4639682 | 2,052.95333272 | 3,234.0981294 | 2,932.88977206 | 2,710.56321684 | 3,002.27359519 | 2,497.55999694 |
| EPS, diluted | 0.53 | 0.36 | 0.23 | 0.37 | 0.34 | 0.31 | 0.34 | 0.29 |
What this means. Free cash flow is not shown because the reports do not separately disclose lease payments and interest paid for each quarter.
What should Weichai Power watchers look for next?
The central takeaway is simple: Weichai has a credible growth plan and apparent funding capacity, but the plan earns its value only when orders repeat, margins hold, cash arrives and operating rights are secure.