Noblelift Intelligent Equipment (603611) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached RMB 3.41 billion, up 6.22% year-over-year, while net profit attributable to shareholders dropped 42.30% to RMB 141.86 million due to significant foreign exchange losses and fair value changes in financial assets.

• The company maintained stable operations amid global economic volatility, focusing on electrification, intelligence, and globalization strategies, and continued to invest in R&D and digital transformation.

• Major business segments include intelligent manufacturing equipment and smart logistics systems, with ongoing expansion in emerging technologies and international markets.

Financial highlights

• Operating income: RMB 3.41 billion, up 6.22% year-over-year.

• Net profit attributable to shareholders: RMB 141.86 million, down 42.30% year-over-year.

• Operating cash flow: -RMB 245.63 million, a significant decrease from RMB 57.66 million in the prior year, mainly due to increased cash outflows for procurement.

• Basic and diluted EPS: RMB 0.55, down 42.11% year-over-year.

• Gross margin: 23.7% (calculated from revenue and cost figures).

Outlook and guidance

• The company will continue to deepen its electrification, intelligence, and globalization strategies, focusing on high-quality development and risk management.

• Plans to further optimize supply chain resilience, expand into new markets, and accelerate digital and smart manufacturing upgrades.

• R&D investment and product innovation remain key priorities to support future growth.