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Tianqiao Lifting achieved a non-recurring net profit of 104 million yuan in 2025, an increase of 251.29%. The improvement in profitability is driven by strategic focus on core businesses and cost optimization.
In 2025, the company's revenue reached RMB 2.072 billion (+11.74%), with a net profit attributable to shareholders of RMB 119 million (+126.32%) and a non-recurring net profit of RMB 104 million (+251.29%), indicating a significant improvement in profitability. The gross margin slightly declined, but the net margin increased to 5.76%, primarily due to cost optimization and debt reduction. The core business focuses on material handling equipment (accounting for 83.24%), with domestic revenue making up 89.84%. Cash flow remains under pressure, while R&D investment continues to increase, further solidifying control over operations.
Tianqiao Lifting: First Quarter Report for 2026
Tianqiao Lifting: 2025 Annual Report
Tianqiao Lifting: Summary of the 2025 Annual Report
Tianqiao Lifting (002523.SZ) achieved a 126.32% year-over-year increase in net profit for 2025.
Gelonghui, April 23rd: Tiantuo Lifting (002523.SZ) released its 2025 annual report, showing that the company achieved a total revenue of 2.072 billion yuan for the full year, representing an increase of 11.74% year-on-year; net profit attributable to shareholders of 119 million yuan, up 126.32% year-on-year; and non-recurring net profit attributable to shareholders of 104 million yuan, surging 251.29% year-on-year. The company proposed a cash dividend of 0.2 yuan per 10 shares for all shareholders.
Tianqiao Lifting (002523.SZ) reported a net profit of 18.1301 million yuan in the first quarter, representing a year-on-year decline of 20.50%.
According to the report by Gelonghui on April 23, Tianqiao Heavy Industry (002523.SZ) released its Q1 2026 financial report, showing that the company achieved operating revenue of 294 million yuan in the first quarter, representing a year-on-year increase of 0.01%; net profit attributable to shareholders was 18.1301 million yuan, down 20.50% year-on-year; and non-recurring net profit attributable to shareholders amounted to 15.8335 million yuan, declining by 18.95% year-on-year.