Dalian Heavy Industry: profit growth, cash recovery, and new capacity investment
Interim profit rises 18.76%, cash flow surges First-half 2026 net profit rose 18.76% to 371 million yuan, revenue up 7.63%, and operating cash flow jumped over 1,600%. Five straight years of growth show the core business is steadily improving, which supports the share price.
This is the period's core earnings result showing the company's fundamental health.
First-three-quarters profit guidance up 14-19% The company expects first-three-quarters 2026 net profit of 559-584 million yuan, up 14.14%-19.24% year on year, driven by higher material handling equipment revenue and gross profit. This confirms the strong trend continues into the second half.
This is the newest earnings signal, extending the growth story beyond the interim report.
553 million yuan marine crankshaft expansion The company will invest up to 553 million yuan in Phase II of its large marine crankshaft capacity expansion, plus 49.8 million yuan for digital upgrades. This adds future production capacity and efficiency, supporting longer-term growth.
This is a major new investment decision that shapes the company's future capacity and competitiveness.
Debt recovery and subsidiary capital boost A subsidiary received a final AUD 6.09 million arbitration payment, adding about 21.66 million yuan to profit, while another subsidiary completed a 150 million yuan capital increase. Both strengthen the balance sheet and cash position.
These are new capital events that improve financial health and add to profit.