On August 26, Guangzhou Kdt Machinery Group Co.,Ltd. (002833.SZ) released its 2026 semi-annual report, showing revenue of 1.503 billion yuan, up 21.75% year-on-year, with net profit attributable to shareholders reaching 255 million yuan, a 5.09% increase. Operating cash flow surged 48.68% to 358 million yuan, reflecting simultaneous improvements in earnings quality and cash flow strength.
The company also unveiled a 2026 interim dividend plan, proposing a cash distribution of 3.00 yuan (pre-tax) per 10 shares to all shareholders, underscoring its commitment to rewarding investors with tangible returns and signaling confidence in its operational performance and long-term growth prospects.
As a leading domestic enterprise in the research, development, production, sales, and service of furniture equipment, Guangzhou Kdt Machinery Group Co.,Ltd. ranks first in China and among the top five globally in market share. The technical performance of some products has approached or even surpassed advanced levels seen in Germany and Italy, while prices remain only one-half to one-third of comparable foreign products, offering exceptional cost-performance advantages. In the panel furniture machinery sector, it is the only Chinese company currently holding a comprehensive market leadership position across four core categories: edge banding, drilling, cutting, and machining centers.
Leveraging its proprietary R&D system, the company has led the formulation of 8 national and industry standards, holds over 300 patents, and derives more than 80% of revenue from core technology products. Aligned with the smart manufacturing trend in furniture, it continues to refine a full product ecosystem spanning single machines, automated production lines, and complete plant-level intelligent manufacturing, delivering one-stop solutions for furniture makers. Products such as smart warehousing systems, automated conveying equipment, wooden door lines, and robotic automation lines are gaining traction, boosting the competitiveness of its whole-plant solutions.
The company operates R&D and manufacturing bases in China and Italy, collaborates with over 130 global distributors, and serves customers across more than 70 countries. Its Italian base leverages European technical talent to integrate advanced manufacturing processes, driving product technology toward international first-class standards. Overseas expansion is accelerating, supported by strong cost-performance advantages and responsive localized services, steadily raising global penetration and brand recognition.
In the first half, the weighted average return on equity reached 8.52%, maintaining a high level, while operating cash flow grew 48.68%. The company places strong emphasis on working capital management, with ample liquidity underpinning market share gains, scale expansion, potential mergers and acquisitions, long-term project investments, asset purchases, and R&D commercialization. As of the reporting period end, total assets stood at 4.441 billion yuan, with net assets attributable to shareholders at 2.994 billion yuan and a debt-to-asset ratio of just 29.68%, reflecting a robust financial structure.
Looking ahead to the second half, as global furniture industry smart upgrading accelerates, the company will seize opportunities by deepening its dual-driven strategy of technology leadership and global expansion. It plans to boost investments in smart manufacturing and product R&D, accelerate overseas market penetration, and enhance market share and brand influence to create greater value for shareholders.