Hangcha Group (603298) Q2 2026 earnings summary

Executive summary

• Achieved revenue of ¥10.10 billion for H1 2026, up 8.65% year-over-year; net profit attributable to shareholders reached ¥1.215 billion, up 8.89% year-over-year.

• Core business includes forklifts, warehouse vehicles, unmanned industrial vehicles, logistics robots, and related intelligent products, with a focus on innovation and global expansion.

• Maintained industry leadership in China and globally, with strong growth in both domestic and export markets, especially in electric and new energy vehicles.

Financial highlights

• Operating income: ¥10.10 billion, up 8.65% year-over-year.

• Net profit attributable to shareholders: ¥1.215 billion, up 8.89% year-over-year.

• Net profit after non-recurring items: ¥1.202 billion, up 10.12% year-over-year.

• Basic and diluted EPS: ¥0.93, up 9.41% year-over-year.

• Operating cash flow: ¥382 million, up 10.02% year-over-year.

• Total assets: ¥21.10 billion, up 7.03% from year-end 2025.

Outlook and guidance

• Focus on innovation-driven growth, new energy, and intelligent logistics solutions.

• Targeting further increases in overseas revenue and market share, with new manufacturing bases and strategic investments in AI and robotics.

• Continued emphasis on cost control, supply chain resilience, and high-quality development.