On the evening of October 30th，Zoomlion Releases Third Quarterly Report for 2024。The report shows，The company achieved operating income of 343 in the first three quarters..8.6 billion yuan，Of which, overseas income 176.4.4 billion yuan，Year-on-year growth of 35.42%；Net profit attributable to shareholders of the parent company 31.3.9 billion yuan，Year-on-year growth of 9.95%，In the third quarter, the net profit attributable to the shareholders of the parent company was 8..5.1 billion yuan，Year-on-year growth of 4.42%。The company's share-based payment expenses for the first three quarters and the third quarter of 2024 were 7..2.2 billion yuan、2.4.1 billion yuan，In the same period last year, it was 0..3.8 billion yuan、0 billion yuan，Excluding the effect of share-based payment expenses，In the first three quarters and the third quarter, the net profit attributable to the parent company increased by 29..98%、29.53%。
During the period，Zoomlion firmly adheres to high-quality development strategy，Closely around the goal of building a world-class advanced manufacturing enterprise，Accelerate innovation, upgrading and overseas expansion，It shows a development trend superior to the industry.。By the end of the third quarter，The proportion of the company's overseas income increased to 51..31%，The proportion of emerging sectors has also increased significantly.。The company has more sources of income and profit.、The stability is stronger、Higher quality，The resilience and momentum of sustainable development of enterprises continue to increase.。
1
Emerging sectors contribute to new growth curves
The status of the traditional plate industry has risen steadily.
During the reporting period，Synergy and Integration of Zoomlion's Traditional Advantage Industries and Emerging Industries、Compete for development，Demonstrate great resilience and dynamism。The first three quarters，The company's Concrete Machinery exports grew rapidly.，Overseas market share has increased significantly.，Increase the penetration rate of mixer electric Vehicles to 50%Above；The overall market share of construction hoisting machinery is one of the highest.，Of which 25-The market share of the 55-ton Truck_crane/ 'target='_blank' style='color:blue;'>Truck Crane ranks first in the industry.、The market share of Crawler Cranes above 1000 tons is the first in the industry.，The world's largest tonnage offline during the period——4000t all-terrain crane；The market share of construction hoisting machinery ranks first in the world，Rapid increase in the proportion of overseas revenue。
At the same time, the market position of traditional dominant industries is steadily rising.，The company's emerging sector continues to grow at a high speed.，The status of the industry has been significantly improved，High proportion of revenue、Income growth is fast，Bring new development momentum to the company。Among，Earth-moving machinery business continued to grow，Excavators below 400 tons have been realized.、Full coverage of kingpin type spectrum of Bulldozers with less than 600 horsepower，And 5-12.Expansion of Kingpin Model Spectrum of 5-ton New Energy Wheel Loader；The growth rate of high-altitude machinery business is better than industry.，Become the most complete manufacturer of high-altitude machinery and equipment in China，Overseas sales are in short supply，North America、The European Union has made a breakthrough。
At the same time，Agricultural machinery business continues to advance、Rapid growth。The company has made breakthroughs in more than 700 major grain-producing counties in China.，The market share of wheat machine is the second、The market share of Dryers is the first，High-powered Tractors perform well in the northern market；Rapid growth of Mining Machinery business，The world's largest 300-ton hybrid mining card、The world's first 100-ton series-parallel hybrid wide-body Vehicle、Leading products in the industry such as 100-ton national chemical and electric drive mining dump Trucks have been offline one after another.。
2Localization layout is further improved
Overseas business growth continues to lead
Relying on the unique characteristics of Zhonglian“End-to-end、Digitize、Localization”Overseas business system，The company's overseas business continues to break through.。The first three quarters，Overseas income of the Company 176.4.4 billion yuan，Year-on-year growth of 35.42%，Growth continues to lead the industry，The proportion of overseas income increased to 51.31%，Up 14% from the first three quarters of 2023.62pct。
At the same time，The regional distribution of overseas revenue has also become more diversified.。Middle East、Southeast Asia、Central Asia and other regions continue to maintain a growth rate higher than industry average.；South America、Africa、High double-digit growth in the Indian region；European Union region、North America、Developed markets such as Australia and New Zealand grew rapidly as a whole.。
In addition，The company's overseas localization layout is more perfect.，The products are more abundant，More scientific and sophisticated management。By the end of September，The company has more than 30 first-class airports overseas.，There are more than 370 secondary outlets.，Products cover about 150 countries，Efficient promotion of overseas manufacturing bases，Effective integration of high-quality resources in the global supply chain、Effectively deal with trade barriers。The company's overseas market available for sales spectrum continues to expand.，More than 300 new products passed international certification in the first three quarters、Over 200 products listed overseas。The company leverages big data and digital twin technologies，Landing product font management mode，Realize flat management of overseas business；Strengthen the rigid management of business risks through digital systems，Construction of business red line management system，Accurate monitoring of overseas business terminals。
3Take high-quality business as the lead
Industry-leading profitability
The company's profitability is industry-leading.，This is the quality of the company's business、Product competitiveness and other comprehensive strengths are directly reflected in the industry's leading position.。
The report shows，The first three quarters，The company not only achieved double-digit growth in net profit，Gross profit margin、The net interest rate also continued to rise.，28, respectively.37%And 9.13%，Year-on-year increase of 0.62pct、1.09pct。Single quarter of the third quarter，Gross profit margin、The net profit margin attributable to the parent company was 28..52%And 8.64%，Year-on-year increase of 1.06pct、1.51pct。
The company has always adhered to the high-quality development line.，The quality of business is among the best in the industry.。During the period，Receivable exposure、Inventory、Core indicators such as net operating cash flow were further optimized.，Especially since the third quarter, the optimization has been accelerated.。Among，Total exposure to receivables decreased by 39% as compared with the end of the first quarter..8.5 billion；Inventories fell by 1.9 billion from the end of the first quarter.，Decline further accelerated in the third quarter，The size of the decline was twice that of the second quarter.；Sales return rate of the Company in the first three quarters 111.11%，Year-on-year increase of 10.73pct，Net operating cash flow increased by 5..74%，In the third quarter alone, the year-on-year increase was 81 percent.57%，It is obviously much higher than growth rate of single-quarter revenue and net profit.。
Industry experts said，During periodic equipment updates、Under the support of the three major advantages of electrification and internationalization，Construction Machinery Market Presentation“Domestic demand has increased、External demand is tough”The situation of，It is expected to continue to repair，Go up the stairs。Steady growth driven by synergy between traditional business and emerging sectors，And the steady progress of the globalization strategy.，The competitiveness and sustainable development ability of Zoomlion will continue to improve.。
