China's Zoomlion H1 revenue rises on overseas sales growth

Zoomlion Heavy Industry Science and Technology

27/08/2026 10:02

Overview
China construction machinery maker's interim revenue rose 9% yr/yr for six months ended June 2026
Net income attributable to shareholders declined 24% yr/yr for the interim period
Basic EPS dropped to RMB0.24 from RMB0.32 for the six-month period

Outlook
Company did not provide specific financial guidance or outlook for future periods in the press release

Result Drivers
OVERSEAS SALES GROWTH – Revenue rose 9.17% to RMB27.14 bln, especially due to overseas sales growth; overseas business increased more than 12.45% yr/yr
 
EARTHMOVING EXPANSION – Domestic earthmoving sales grew over 24.19% yr/yr and export sales rose more than 22.7%, supported by product and service-network expansion
 
FOREIGN-EXCHANGE LOSSES – Net profit attributable to shareholders fell 23.65% to RMB2.10 bln, mainly due to foreign-exchange losses from exchange-rate volatility
NET FINANCE COSTS - Shift from net finance income to net finance costs contributed to profit decline

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 27.14 bln
 
H1 Net Income Attributable
 
RMB 2.10 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Zoomlion Heavy Industry Science and Technology Co Ltd is HK$10.00, about 45.6% above its August 26 closing price of HK$6.87
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 10 three months ago

Reuters Recommended Reads
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Aug 25 - China's CIMC Enric H1 profit falls 8% as margin narrows

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)