Hefei Meiya Optoelectronic Technology Inc

Meiya Optoelectronics released its 2026 interim report. During the reporting period, the company's total operating revenue was 1.066 billion yuan, and net profit attributable to the parent company was 315 million yuan. Net cash inflow from operating activities was 267 million yuan, a decrease of 126 million yuan compared with the same period last year, down 32.07 percent year on year. The company's latest asset-liability ratio was 20.18 percent, up 5.34 percentage points from the previous quarter. Gross margin was 54.49 percent, down 0.22 percentage points from the previous quarter. Return on equity was 12.24 percent, and diluted earnings per share was 0.36 yuan. Total asset turnover remained flat year on year. Inventory turnover was 1.38 times, down 7.38 percent year on year. The company had 31,400 shareholders, and the top ten shareholders held 690 million shares, accounting for 78.22 percent of total share capital.

The global optical sorter market is projected to grow from $3.06 billion in 2025 to $5.79 billion by 2032, at a compound annual growth rate of 9.5%. The belt segment is expected to hold the largest market share, driven by its high-volume handling and compatibility with multi-sensor technologies. The recycling application is forecast to record the highest growth, fueled by rising waste volumes, stricter regulations, and circular economy initiatives. North America is anticipated to lead the market, supported by early adoption of AI-based sorting, stringent food safety and waste management rules, and a strong industrial base. Key players include TOMRA Systems ASA, Hefei Meyer Optoelectronic Technology Inc., Buhler, STEINERT, and Key Technology.