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Net profit increased by 80% year-on-year, revenue continued to increase overseas, domestic positive, Zoomlion's performance in the third quarter was outstanding.

October 31, 2023

October 30,Zoomlion Releases Third Quarter Report of 2023。The report shows,Beginning of the year to the end of the reporting period,The company achieved operating income of 355..1.4 billion yuan,Year-on-year growth of 15.87%;Among,At“Global village thinking”And“Localization”Under the guidance of strategy,Overseas income 130.2.9 billion yuan,Year-on-year growth of 100.53%,The proportion of overseas income increased to 36.69%,A record high;Domestic income 224.8.5 billion yuan,Continue to improve,Among them, the growth rate in the third quarter has taken the lead in turning positive.;Net profit was 30.6.3 billion yuan,Year-on-year growth of 38.22%;Net profit attributable to the parent company 28.5.5 billion yuan,Year-on-year growth of 31.65%;Net profit attributable to parent company after deduction of non-recurring profit and loss 23.6.2 billion yuan,Year-on-year growth of 51.10%。

During the period,Where is Zoomlion?“Do business with Internet thinking、Make products with extreme thinking”Under the guidance of the concept of,Accelerate the construction of construction machinery、Agricultural machinery and smart agriculture、Three major industrial sectors of new building materials,Strategic layout for accelerating globalization,Business scale of the enterprise、Quality、Profitability continues to improve,Steady development trend of high quality。

Income、Profits all increased,Continuous improvement of operating quality and profitability

Benefiting from external favorable factors,And enterprises in technology.、Advantages in products and markets,The operating income and net profit of Zoomlion achieved a double increase.。

The report shows,Company's third quarter single quarter operating income 114.3.9 billion yuan,Year-on-year growth of 22.35%,Continue to maintain rapid growth after the second quarter。Among them, 46 were realized overseas..5.7 billion yuan,Year-on-year growth of 78.43%,Among them, exports increased by 127..63%,67 achieved domestically.8.2 billion yuan,Year-on-year growth of 0.64%,The growth rate turned positive,The momentum of recovery is emerging;Net profit for the third quarter was 8.4.2 billion yuan,Year-on-year growth of 84.25%,Net profit attributable to parent company is 8.1.5 billion yuan,Year-on-year growth of 79.98%,The net profit deducted from non-attributable parent is 6..7.3 billion yuan,Year-on-year growth of 87.23%。

During the reporting period,The gross profit margin of the company's product sales is 27..76%,Year-on-year increase of 6.78 percentage points,The gross profit margin of major products has increased year on year.。At the same time,The Company's net profit margin for the first three quarters was 8.62%,Year-on-year increase of 1.39 percentage points,Continuous consolidation of profitability and operating quality。

Zoomlion said,Thanks to the company's strengthened risk control,Continuously optimize the supply chain ecology,Improve after-sales service、Human Resource Management Level,Achieve cost reduction and efficiency increase。At the same time,The company upgrades through digitalization.、Self-research and application of intelligent manufacturing and industrial Internet,The production efficiency and the utilization efficiency of resources are improved.,Significantly reduce R & D cycle and operating costs,Continuous improvement of management quality and efficiency。

Overseas Revenue Doubles Growth,The international market has become a growth pole of high-quality development.

Zoomlion's overseas business management reform has achieved remarkable results,Overseas revenue has doubled.。The first three quarters,Company Overseas Revenue 130.2.9 billion yuan,Year-on-year growth of 100.53%,The proportion of income increased to 36.69%,Set a record high;Among,Export income among foreign income 115.2.9 billion yuan,Year-on-year growth of 127.63%。During the period,The company's overseas sales in all regions have achieved substantial growth.。

In recent years,Zoomlion Heavy Branch“Global village thinking”And“Localization”Strategic expansion of overseas markets,Build end-to-end based、Digitize、Localized new overseas business system。The company's overseas business has now covered more than 138 countries or regions.,There are more than 350 business outlets and service centers overseas.,More than 3000 overseas employees,Foreign employees account for more than 90 percent%。The company relies on digital technology,Break through the limitation of time and space,Realize the twin mapping between the front line of the market and the front and back end of the Chinese headquarters,Form a global unified operation and management system,Global Operations 24 hours a day,Seamless link,The operation is standardized and orderly。
Zoomlion said,The company will continue to promote the reform of overseas business management.,Promote the leap-forward development of overseas business,Continuously enhance the international influence of the brand,Strive to achieve more than 50% of overseas business%The goal of,Let the international market become the high quality of Zoomlion、Sustainable Growth Pole。

Each business sector is competing for breakthroughs.,Growth momentum continues to increase

During the reporting period,The advantages of Zoomlion's industrial echelon layout have gradually emerged.,Growth momentum continues to increase;Each business sector is competing for breakthroughs.。During the reporting period,Company Concrete Pump Truck、The market share of the mixing station ranks first in the industry,Mixer Truck keeps the second place in the industry;The market share of construction hoisting machinery keeps leading in the industry.,The sales volume of 25 tons and above Truck_crane/ 'target='_blank' style='color:blue;'>Truck Cranes ranks first in the industry.;The sales scale of construction hoisting machinery ranks first in the world.,Continue to lead the development of the industry。

While the market share of traditional superior products has steadily increased,,Zoomlion's emerging industry sector grew strongly.,Market position significantly improved。The company's Earthmoving Machinery grew by more than 100% in the first three quarters%,Zhongda Dig has ranked among the top three in the domestic industry,AeriaL Work Machinery Growth Rate Exceeds 40%,Market share ranks second in the domestic industry。Earthwork、The proportion of high-tech business income increased by 8 percentage points over the same period last year.。

At the same time,Agricultural machinery and smart agriculture implementation technology、Market、Domestic and international double circulation of production capacity,Integration of stable and strong chain。The new building materials sector continues to accelerate in terms of base construction and material research and development.,Continuous improvement of market competitiveness。

Industry experts said,Recently, domestic macro-control policies have continued to expand.、Domestic demand bottomed out、The update cycle starts,The domestic construction machinery industry began to stabilize upward momentum.,The overseas market is still growing rapidly.。On the basis of solid layout in the early stage,Zoomlion's dominant plate position is further consolidated,Emerging businesses are making headway,The future will be accompanied by the layout of the three major industrial sectors and the continuous deepening of globalization.,The company's core competitiveness and profitability are expected to continue to improve.。

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