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Zhejiang E-P Equipment (603194) investor relations material
Zhejiang E-P Equipment 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 ¥3.92 billion, up 14.16% year-over-year; net profit attributable to shareholders was ¥428 million, down 4.3% year-over-year.
The company maintained its leading position in electric warehouse forklifts, with continued product innovation and global expansion.
Significant investments were made in R&D, global network expansion, and strategic partnerships, especially in smart logistics and green transformation.
Financial highlights
Operating income: ¥3.92 billion, up 14.16% year-over-year.
Net profit attributable to shareholders: ¥428 million, down 4.3% year-over-year.
Operating cash flow: ¥129 million, a significant improvement from a negative ¥20 million last year.
Gross margin and net margin declined slightly due to increased competition and cost pressures.
Basic and diluted EPS: ¥1.07, down 4.46% year-over-year.
Outlook and guidance
The company will continue to focus on electrification, digitalization, and intelligent transformation.
Plans to further expand global market share and enhance supply chain resilience.
Ongoing investment in R&D and smart logistics solutions to drive future growth.
- Revenue up 10.7% and net profit up 2.24% year-over-year, with strong global expansion.603194
Q4 2025 - Revenue up 12.85% but net profit down 4.92% amid negative cash flow and higher costs.603194
Q1 2026 - Revenue up 9.2% and EBIT up 9.7% YoY, with global expansion and margin pressure.603194
Q2 2025 - Revenue up 8.62% and net profit up 5.46%, driven by innovation and global expansion.603194
Q3 2025 - Revenue up 10.66% and net profit up 4.23%, with strong global and R&D-driven growth.603194
Q4 2024 - Q1 2025 saw double-digit revenue and profit growth, with improved but still negative cash flow.603194
Q1 2025
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