Jiangsu Hengli Hydraulic (601100) Q3 2026 earnings summary

Executive summary

• Q3 revenue reached RMB 3.400bn, up 29.84% YoY; 9M revenue was RMB 10.233bn, up 31.36%.

• 9M attributable net income rose 3.20% YoY to RMB 2.154bn, while operating cash flow increased 83.00% to RMB 1.938bn.

• 9M total assets were RMB 24.281bn at Sept. 30, 2026; quarterly financial statements were unaudited.

Financial highlights

• Q3 total profit was RMB 781.3m, up 6.91% YoY; 9M total profit was RMB 2.377bn, up 1.73%.

• Q3 attributable net income was RMB 717.3m, up 9.07% YoY; 9M attributable net income was RMB 2.154bn, up 3.20%.

• 9M basic and diluted EPS were RMB 1.61, up 3.21% YoY; 9M net income was RMB 2.157bn.

• 9M operating costs rose 36.75% YoY, faster than revenue growth of 31.36%; sales expenses increased 41.25%.

Key financial ratios and metrics

• Weighted average ROE was 3.96% for Q3, up 0.26 percentage points YoY; 9M ROE was 12.08%, down 0.26 percentage points.

• 9M operating cash flow was RMB 1.938bn, up 83.00% YoY, supported by higher collections as revenue expanded and a Mexico tax refund.