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Zhejiang Dingli Machinery (603338) investor relations material
Zhejiang Dingli Machinery Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for H1 2026 reached RMB 5.41 billion, up 24.86% year-over-year, driven by global market expansion and product innovation.
Net profit attributable to shareholders was RMB 989.53 million, down 5.95% year-over-year, mainly due to increased exchange losses.
Total assets grew 4.54% to RMB 18.14 billion, and net assets attributable to shareholders rose 3.28% to RMB 11.78 billion.
The company maintained its leadership in the aerial work platform sector, emphasizing electrification, green manufacturing, and global market penetration.
Financial highlights
Operating income: RMB 5.41 billion, up 24.86% year-over-year.
Net profit attributable to shareholders: RMB 989.53 million, down 5.95% year-over-year.
Operating cash flow: RMB 315.42 million, compared to negative RMB 133.53 million in the prior year.
Basic and diluted EPS: RMB 1.95, down 6.25% year-over-year.
Gross margin: 32.96%, down from 35.74% year-over-year.
Outlook and guidance
The company will continue to focus on high-value, differentiated, and electrified products to drive growth.
Ongoing investment in R&D and digital transformation to enhance competitiveness and operational efficiency.
Management expects continued revenue growth and resilience despite global uncertainties.
- Revenue surged 29.48% year-over-year, with net profit and EPS both showing solid growth.603338
Q1 2026 - Net profit surged 16.60% on 9.96% revenue growth, led by overseas expansion and innovation.603338
Q4 2025 - Revenue up, profit mixed, and cash flow down sharply in Q3 2025.603338
Q3 2025 - Net profit rose 27.63% year-over-year, driven by tariff relief and currency gains.603338
Q2 2025 - Q3 revenue and net profit surged over 38% year-over-year, driven by strong sales growth.603338
Q3 2024 - Revenue up 24.56% year-over-year, with strong electric product growth and major M&A moves.603338
Q2 2024 - Revenue up 23.56% but net profit down 12.76% amid global expansion and margin pressure.603338
Q4 2024 - Q1 2025 saw strong profit growth but negative operating cash flow amid higher costs.603338
Q1 2025
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