Jiangsu Hengli Hydraulic (601100) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 3.21 billion, up 32.52% year-over-year, driven by recovering downstream demand and improved industry conditions.

• Net profit attributable to shareholders was RMB 652.19 million, a 5.59% increase compared to Q1 2025.

• Operating cash flow surged 934.62% year-over-year to RMB 517.80 million, reflecting strong sales collections and bill recoveries.

Financial highlights

• Total assets at quarter-end were RMB 22.55 billion, up 4.07% from year-end 2025.

• Shareholders’ equity rose to RMB 17.89 billion, a 3.51% increase from year-end.

• Basic and diluted EPS were both RMB 0.49, up 6.52% year-over-year.

• Gross margin improved as revenue growth outpaced cost increases.

• Net cash from investing activities was RMB 539.15 million, reversing a net outflow in Q1 2025.

Outlook and guidance

• Revenue growth attributed to a rebound in downstream demand and higher industry prosperity.

• Management expects continued positive momentum as market conditions improve.