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Noblelift Intelligent Equipment (603611) investor relations material
Noblelift Intelligent Equipment Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for 2025 was RMB 6.69 billion, down 4.14% year-over-year; net profit attributable to shareholders was RMB 429 million, down 7.08% year-over-year; net profit excluding non-recurring items was RMB 328 million, down 17.30% year-over-year.
Total assets reached RMB 9.52 billion, up 7.90% from the previous year; net assets attributable to shareholders rose 7.96% to RMB 3.17 billion.
The company maintained stable operations amid global economic and geopolitical challenges, with continued investment in R&D and digital transformation.
Major honors and awards were received for innovation and industry leadership, and several new products and technologies were launched.
Financial highlights
Operating income: RMB 6.69 billion, down 4.14% year-over-year.
Net profit attributable to shareholders: RMB 429 million, down 7.08% year-over-year.
Net profit excluding non-recurring items: RMB 328 million, down 17.30% year-over-year.
Basic and diluted EPS: RMB 1.67, down 6.70% year-over-year.
Operating cash flow: RMB 837 million, up 9.39% year-over-year.
Gross margin for intelligent equipment: 24.26%; for logistics systems: 19.98%.
Outlook and guidance
2026 is positioned as a “Quality Year,” focusing on high-quality growth, digitalization, and global expansion.
Plans to accelerate electric vehicle and large vehicle strategies, enhance R&D in core technologies, and expand into new markets.
Continued investment in digital transformation and supply chain resilience.
- Net profit rose 8.25% year-over-year on steady revenue growth and strong global sales.603611
Q2 202429 Mar 2026 - Revenue and profit rose slightly, with robust cash flow and a 50% dividend payout.603611
Q4 202429 Mar 2026 - Q3 revenue declined 15.69% year-over-year, but net profit for the first nine months rose 1.03%.603611
Q3 202429 Mar 2026 - Net profit grew 6.3% year-over-year despite a 6.7% revenue decline and weaker cash flow.603611
Q1 202529 Mar 2026 - Net profit grew 2.28% to RMB 246 million despite a 7.4% revenue decline in H1 2025.603611
Q2 202529 Mar 2026 - Net profit grew 9.23% year-over-year despite a 2.28% revenue decline, with strong cash flow.603611
Q3 202529 Mar 2026
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