Himile Tech H1 2026 Revenue Up 14.27%, Net Profit Down 5.28%
Himile Technology reported H1 2026 revenue of RMB 6.016 billion, up 14.27% year-on-year, while net profit attributable to shareholders fell 5.28% to RMB 1.134 billion. Tire mold revenue rose 19.66% to RMB 3.145 billion, but gross margin declined 3.72 percentage points. Large parts revenue grew 3.42%, while CNC machine tool external sales dropped 24.46%.
Himile Technology released its semi-annual report on August 28. In the first half of 2026, the company achieved operating revenue of RMB 6.016 billion, up 14.27% year-on-year, while net profit attributable to shareholders was RMB 1.134 billion, down 5.28% from the same period last year.
During the reporting period, the tire mold business maintained sufficient order volume, generating revenue of RMB 3.145 billion, an increase of 19.66% year-on-year. The gross margin for this segment was 36.49%, down 3.72 percentage points, affected by project expansion, higher headcount and labor costs, and exchange rate fluctuations.
The large parts machinery segment saw full order books and production lines running at full capacity, with revenue of RMB 2.014 billion, up 3.42% year-on-year. Its gross margin was 19.94%, down 4.36 percentage points. The CNC machine tool business recorded external revenue of RMB 383 million, a decline of 24.46% year-on-year, while internal demand for self-use machine tools grew notably.