Weichai Power's full-year performance outlook is positive. As of February 6, 2026, data from the institutional earnings forecast service indicates projected operating revenue is between 245.814 billion and 258.350 billion yuan. Net profit is forecast to be in the range of 13.942 billion to 15.257 billion yuan. The focus will be on whether subsequent financial report disclosures can exceed these expectations, with the forecast data serving as a reference for investors to assess performance.
Recent analysis from a securities firm highlights that Weichai Power is experiencing a dual improvement in both profitability and valuation for its engine business, driven by its power energy segment. Overseas engine companies are seeing rapid growth in revenue and profit from their power generation divisions. Weichai Power's AIDC power energy business is growing swiftly, with sales of engines for data centers surging by 491% year-over-year. This has strengthened market expectations for a separate valuation of this business, creating potential for further market capitalization growth. Reciprocating gas generators are emerging as a new primary power source choice for North American AIDC facilities, with strong order momentum, positioning Weichai Power to potentially secure significant orders for data center primary power systems. Furthermore, the impact of new energy heavy-duty trucks on the company's core engine business is diminishing. Concurrently, domestic terminal sales of natural gas heavy-duty trucks have increased year-over-year, which supports the stabilization of profits from the main business.
Breaking down by business segment: 1) AIDC Power Energy Business: Sales of engines for data centers in the first half of 2025 increased by 491% compared to the same period last year, enhancing market expectations for a separate valuation of this operation. 2) Reciprocating Gas Generators: These are becoming a new primary power source option in North American AIDC markets, with robust order activity suggesting potential for securing major data center power supply contracts. 3) Core Engine Business: The competitive pressure from new energy heavy-duty trucks on the company's engine operations is easing. An increase in domestic terminal sales for natural gas heavy-duty trucks contributes to solidifying profits from the primary business line.
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