Focus Stocks》Wantaike: EPS hits new high in the third quarter, with volume hitting the limit

Benefiting from the expansion of revenue scale and improvement in profitability, Vantaike earned 1.25 yuan per share, setting a new single-quarter high. (File photo)

[Reporter Fang Weijie/Taipei Report] Wire rod factory Wanteco (6190) announced its third quarter financial report for 2026 yesterday. Benefiting from the expansion of revenue scale and improvement in profitability, the after-tax earnings per share (EPS) was 1.25 yuan. Hitting a new single-quarter high, Vantaike's stock price opened higher today due to the rush of buying orders. As of 9:29 a.m., it was temporarily quoted at the upper limit price of 62.5 yuan, with a trading volume of 1,594, and a total of 374 upper limit buy orders that had not yet been completed.

Vantech's gross profit margin in the third quarter was 17.74%, a quarterly increase of 2.44 percentage points and an annual increase of 1.46 percentage points; the operating profit rate was 10.24%, a quarterly increase of 2.94 percentage points and an annual increase of 3.45 percentage points; Net profit attributable to owners of the parent company was 236 million yuan, a quarterly increase of 39.77% and an annual increase of 150.28%; after-tax earnings per share were 1.25 yuan, which was better than the 0.92 yuan in the second quarter and 0.54 yuan in the same period last year.

Vantech's cumulative gross profit margin in the first three quarters of this year was 16.17%, an annual decrease of 1.04 percentage points; operating profit rate was 7.88%, an annual increase of 0.74 percentage points; net profit attributable to owners of the parent company was 485 million yuan, an annual increase of 75.87%; after-tax earnings per share were 2.62 yuan, which was better than 1.64 yuan in the same period last year.

Observed from the profit structure, Vantech's operating gross profit in the third quarter was 573 million yuan, a significant increase from 334 million yuan in the same period last year, and operating profit was 331 million yuan, an annual increase of 137.55%, showing that revenue growth drives the industry's profit expansion. The single-quarter operating expense ratio dropped from 9.49% in the same period last year to 7.5%, further pushing the operating profit margin to exceed double digits.

The legal person pointed out that it is worth noting that Vantech's net non-operating income and expenses in the third quarter was negative 1.61 million yuan. Compared with the same period last year, the income of 21.87 million yuan was converted into net expenses. However, the net profit attributable to the owners of the parent company still increased significantly, reflecting that the improvement of the industry's profits is an important factor in pushing up the overall profits.

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