XCMG Solidifies Third Place in Global Construction Equipment Rankings for 2026

XCMG Maintains Global Standing in the 2026 Yellow Table

On May 4, 2026, XCMG Machinery, listed as SHE: (000425), announced its continued success in the global construction industry by securing the third position in the respected Yellow Table for 2026, published by the KHL Group. This ranking, which evaluates revenue among construction equipment manufacturers worldwide, highlights XCMG's machine sales reaching approximately $14.2 billion, equating to a market share of 5.8%. As the highest-ranked Chinese company in this report, XCMG stands alone as the only Chinese manufacturer among the top five internationally.

Yang Dongsheng, Chairman of XCMG Group and XCMG Machinery, remarked, "Our continual presence among the top three construction equipment manufacturers globally underscores our robust international footprint and long-term strategy. Our stellar performance in 2025 marks the beginning of a new chapter as we expand our international collaborations, shift towards environmentally friendly and smart machinery, and deliver sustainable value to our partners and the global industry."

In its latest annual report, released on April 28, 2026, XCMG reported solid growth in 2025, achieving an operating revenue of 100.823 billion RMB, a remarkable increase of 8.37% year-over-year. This upward momentum continued into the first quarter of 2026, with revenues reaching 29.791 billion RMB, reflecting a 9.26% rise compared to the previous year.

The international business sector serves as a critical growth driver for XCMG. In 2025, overseas revenue surged by 16.58% year-on-year to 48.599 billion RMB, representing nearly half (48.20%) of the company's total revenue—a notable increase of 3.39 percentage points from the prior year. Meanwhile, domestic sales remained stable at 52.224 billion RMB, with a slight increase of 1.70%.

XCMG reported a net profit attributable to shareholders of 6.572 billion RMB (+8.96% year-on-year), with adjusted net profit reaching 6.550 billion RMB, a significant uptick of 13.68% from the previous year. The company maintained its profitability into the first quarter of 2026, achieving a net profit of 2.056 billion RMB and an adjusted net profit of 2.024 billion RMB.

Additionally, XCMG reported an operational cash flow of 14.142 billion RMB in 2025, marking an extraordinary increase of 148.42% over the previous year. In the first quarter of 2026, operational cash flow reached 2.152 billion RMB, reflecting a 153.12% year-on-year rise. The company also achieved a gross margin of 22.61% and a return on equity of 11.00%, both showing slight improvements.

XCMG saw consistent growth across all major product categories. Its commitment to sustainable innovation led to revenues in the new energy sector reaching 13.30 billion RMB, an impressive increase of 23.6% compared to the previous year. Traditional segments continued to provide a solid foundation, with the earthmoving machinery sector generating 30.131 billion RMB and the lifting equipment sector contributing 20.983 billion RMB. Additionally, emerging segments have steadily expanded, with mining machinery sales hitting 9.377 billion RMB.

XCMG is determined to enhance its global presence by pioneering environmentally friendly and intelligent machinery while strengthening a manufacturing ecosystem driven by digital transformation and industrial IoT. Through continuous advancements in its product lineup and service capabilities, XCMG is committed to delivering top-notch support for its global clients and partners.

For more information about XCMG and its range of products, please visit their official website.