Hydraulic System
Search documents
恒立液压:中信调研要点:核心业务强劲之外,人形机器人业务可期
2026-01-22 02:44
Flash | 21 Jan 2026 12:00:00 ET │ 12 pages Hengli Hydraulic (601100.SS) 2026 outlook – Mr. Zhou guided 20%-30% YoY revenue growth with GPM expansion. By product, the excavator component revenue growth in 2026 could reach 40% YoY, with pump and valve outgrowing cylinder (~20% YoY), while non-excavator revenue growth could be 20%-30% YoY among which the revenue growth for pump and valve could reach +30% but it could be just 10% for cylinder. Humanoid robot – Hengli will get its Mexico plant ready in March or ...