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Zhejiang Tengy Environmental Technology (1527) investor relations material
Zhejiang Tengy Environmental Technology H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for H1 2026 reached RMB546.25 million, up 142.97% year-over-year, driven by completion and recognition of several large-scale projects.
Profit attributable to owners was RMB126.46 million, a 698.20% increase year-over-year, with gross profit at RMB203.84 million and gross margin at 37.32%.
The Group secured new contracts worth RMB543.66 million and maintained a backlog of RMB3,454.68 million as of 30 June 2026.
No interim dividend was declared for the period.
Financial highlights
Revenue: RMB546.25 million (+142.97% YoY); gross profit: RMB203.84 million (+138.33% YoY); gross margin: 37.32%.
Profit before tax: RMB158.15 million (+566.92% YoY); net profit: RMB126.46 million (+698.20% YoY).
Earnings per share: RMB0.94 (basic and diluted) vs. RMB0.12 in H1 2025.
Working capital at period end: RMB892.85 million.
Gearing ratio: 12.28% (30 June 2026), up from 11.00% at end-2025.
Outlook and guidance
Regulatory tightening and expansion of China’s Emissions Trading System are expected to drive sustained demand for advanced environmental protection equipment.
The Group will focus on R&D for energy-efficient, automated, and digitally integrated dust collection systems and explore strategic acquisitions.
Anticipates strong market opportunities from stricter ultra-low emissions standards in cement and steel industries through 2028.
- Gross margin rose to 34.3% on higher large-scale project revenue, despite a 3.8% net profit decline.1527
H2 2025 - Profit rose 7.21% to RMB15.84m despite a 36.98% revenue drop, with margin up to 38.04%.1527
H1 2025 - Profit more than doubled on strong revenue growth and margin expansion, with a positive outlook.1527
H1 2024 - Net profit nearly doubled on strong revenue growth and higher margins, with robust industry outlook.1527
H2 2024
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