Jiangsu Hengli Hydraulic (601100) Q2 2026 earnings summary

Executive summary

• Revenue for the first half of 2026 reached ¥6.83 billion, up 32.13% year-over-year, with net profit attributable to shareholders at ¥1.44 billion, a 0.50% increase compared to the same period last year.

• Cash flow from operating activities more than doubled year-over-year, reflecting strong sales and improved collections.

• The company maintained high capacity utilization and achieved record-high quarterly revenues for the third consecutive quarter.

• A cash dividend of ¥3.00 per 10 shares (totaling ¥402 million) was proposed, representing 14.71% of 2025 audited net profit.

Financial highlights

• Operating income: ¥6.83 billion, up 32.13% year-over-year.

• Net profit attributable to shareholders: ¥1.44 billion, up 0.50% year-over-year.

• Operating cash flow: ¥1.25 billion, up 102.77% year-over-year.

• Gross margin and EPS remained stable; basic and diluted EPS at ¥1.07.

• Total assets increased 9.80% to ¥23.80 billion; net assets up 3.66% to ¥17.91 billion.

Outlook and guidance

• The company continues to pursue a strategy of diversification, internationalization, and electrification, with ongoing investments in R&D and overseas capacity.

• Management expects continued growth in high-end hydraulic components and further expansion in emerging sectors such as new energy and precision transmission.