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Netac Tech

Netac Technology Co., Ltd. researches, develops, produces, and sells storage products in the People's Republic of China and internationally. Its offerings include solid state drives, external storage products, memory products, USB flash drives, memory cards, and peripheral products. These products are used in mobile phones, tablets, computers, dashcams, cameras, drones, automotive electronics, smart homes, and wearable devices. The company was founded in 1999 and is headquartered in Shenzhen, the People's Republic of China.

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300042.CS

Netac Technology Turns Profitable in 2026 Interim Report, with Net Profit Attributable to Parent of 95.0797 Million Yuan

Netac Technology released its 2026 interim report, showing a net profit attributable to the parent of 95.0797 million yuan, turning from a loss to a profit year-on-year. The company's total operating revenue reached 966 million yuan, up 101.76 percent year-on-year, marking two consecutive years of growth. Net cash inflow from operating activities was 10.9633 million yuan, rising for three straight years. Gross margin improved to 19.99 percent, an increase of 12.89 percentage points year-on-year, while return on equity stood at 8.40 percent, up 10.17 percentage points.
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