Contiocean Environment Tech Group (2613) H1 2026 earnings summary

Executive summary

• Revenue rose 62.9% year-over-year to RMB233.8 million, with profit for the period up 238.8% to RMB20.5 million.

• Growth driven by delivery of postponed long-cycle orders, new product launches, and vessel chartering revenue.

• Gross profit margin improved to 32.2% from 31.0% due to product design optimization.

• Significant expansion in both domestic and overseas markets, with overseas revenue up 75.4%.

• No interim dividend was declared for H1 2026.

Financial highlights

• Gross profit increased 69.6% to RMB75.3 million year-over-year.

• Basic and diluted EPS rose to RMB0.53 from RMB0.18 year-over-year.

• Total assets grew 4.5% to RMB850.3 million; net assets up 1.1% to RMB497.3 million.

• Cash and cash equivalents stood at RMB211.0 million, down 2.0% from year-end 2025.

• Gearing ratio increased to 41.5% from 39.5% at year-end 2025.

Outlook and guidance

• Focus on accelerating commercialization of new products and digital intelligence integration.

• Plans to intensify R&D investment, optimize supply chain, and pursue both organic and inorganic growth, including M&A opportunities.

• Confident in long-term demand for marine ESG solutions despite macroeconomic volatility.