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Jiangsu Changling Hydraulic Co. Ltd

JiangSu Changling Hydraulic Co., Ltd. and its subsidiaries research, develop, produce, and sell hydraulic components in China and internationally. Its products include slewing drives, slewing drives for solar tracking systems, hydraulic centre joints, adjuster cylinders, spring tensioning devices, valves, pin bushings, central turning joints and springs, precision castings such as compressor and automotive castings, and photovoltaic and construction machinery rotary reducers, along with related accessories. These products serve industries including construction machinery, mining machinery, and offshore operations. The company also engages in investment activities and was founded in 1978, with headquarters in Jiangyin, China.

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Changling Hydraulic's 2026 interim report shows net profit of 71.9447 million yuan

Changling Hydraulic released its 2026 interim report. The company's total operating revenue was 551 million yuan, and net profit attributable to the parent company was 71.9447 million yuan. Net cash flow from operating activities was negative 4.8077 million yuan, a decrease of 53.9976 million yuan compared with the same period last year, down 109.77 percent year on year. The company's asset-liability ratio was 10.35 percent, an increase of 0.88 percentage points from the same period last year. Gross margin was 29.58 percent, a decrease of 0.52 percentage points from the previous quarter. Return on equity was 3.42 percent. Diluted earnings per share was 0.38 yuan. Total asset turnover was 0.22 times, and inventory turnover was 2.00 times. The number of shareholders was 8,490. The top ten shareholders held 145 million shares, accounting for 77.44 percent of total share capital.
605389.CG · Capital · Neutral Interim report shows net profit of 71.94 million yuan, but operating cash flow turned negative, presenting mixed financial results.
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Changling Hydraulic shareholders plan to reduce holdings by up to 3% in total

Changling Hydraulic announced that director and general manager Xia Zemin and the employee shareholding platform Jiangyin Lanhai Haolong Enterprise Management Partnership plan to reduce their holdings by a combined total of no more than 5.6097 million shares, representing 3% of the company's total share capital, within three months after a 15-trading-day period.
605389.CG · Capital · Negative Shareholders plan to reduce holdings by up to 3%, signaling potential selling pressure.
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