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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
CIMC Enric
CIMC Enric (3899) investor relations material
CIMC Enric H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary25 Aug, 2026
Executive summary
Revenue increased by 2.0% year-over-year to RMB12.87 billion for 1H2026, driven by strong growth in clean energy and chemical/environmental segments, while liquid food segment declined due to low order backlog and delayed project execution.
Clean Energy remained the dominant segment, contributing 81% of total revenue.
Net profit attributable to shareholders was RMB517 million, with consolidated net profit at RMB526 million, impacted by foreign exchange losses and margin pressure.
Gross profit margin declined to 14.2% from 14.5% year-over-year, mainly due to margin pressure in chemical/environmental and liquid food segments.
The company maintained a strong cash position and completed successful share placement and perpetual note issuance to support liquidity.
Financial highlights
Clean energy segment revenue rose 8.2% year-over-year to RMB10.42 billion, with adjusted segment profit up 15.1% to RMB640 million.
Chemical & Environmental segment revenue increased to RMB1.29 billion (+16.1% YoY), with medical equipment components revenue up 19.9%.
Liquid Food segment revenue declined to RMB1.11 billion, mainly due to a lower backlog and smaller project scale.
EBITDA decreased by 4.1% year-over-year to RMB951 million; operating profit margin fell to 5.0% from 5.9%.
Net cash used in operating activities was RMB247 million, compared to an inflow of RMB47 million in the prior year.
Outlook and guidance
Clean energy backlog reached RMB27.76 billion (+10.1% YoY), with strong order momentum in LNG and methanol-related projects.
Diversification into biopharmaceuticals, non-alcoholic beverages, and green methanol projects to drive future growth.
Continued investment in R&D, digitalisation, and sustainability to drive competitiveness.
Clean energy segment expected to benefit from medium- to long-term LNG demand growth and policy support for hydrogen, ammonia, and methanol.
Liquid food segment anticipates long-term growth from emerging markets, non-alcoholic beverages, and biopharma, despite near-term headwinds.
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Latest events from CIMC Enric
- Record revenue and profit, led by Clean Energy growth and rising orders.3899
H2 2023 - Clean energy drove 6.3% revenue growth and record backlog, with strong profit and outlook.3899H2 2025
- Clean energy revenue up 22.2% YoY, driving 9.9% revenue and 15.6% net profit growth.3899H1 2025
- Clean energy and liquid food drove revenue growth, but profit declined on lower margins.3899H1 2024
- Clean energy profit surged 71.4% YoY as revenue rose 4.8% and net profit dipped 1.7%.3899H2 2024
Next CIMC Enric earnings date
H2 202623 Mar, 2027
CIMC Enric
Next CIMC Enric earnings date
H2 202623 Mar, 2027
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Frequently asked questions
CIMC Enric Holdings Limited operates as a manufacturer of specialized gas equipment and a provider of integrated business solutions in the gas energy industry in China. The company has a broad portfolio that spans the design, development, manufacturing, engineering, and sales of transportation, storage, and processing equipment. It serves multiple segments within the industry, including natural gas, chemical equipment, and liquid food equipment, offering a wide range of products for the storage, transportation, and processing of liquefied or gasified chemicals. CIMC Enric has expanded its global footprint through strategic acquisitions, joint ventures, and the development of innovative technologies, such as the first LNG Railway Tank Container in China and advancements in hydrogen fuel technologies. The company is headquartered in Shenzhen, China, and its shares are listed on the Hong Kong Stock Exchange.