Phenix Optical Co Ltd

Phenix Optics disclosed its 2026 semi-annual report. In the first half, it achieved total operating revenue of 787 million yuan, up 3.45% year on year, while net profit attributable to the parent company was 6.606 million yuan, down 71.67% year on year. Net profit after deducting non-recurring items was 4.5946 million yuan, up 10.90% year on year, and net cash flow from operating activities was 41.8135 million yuan, down 21.01% year on year. During the reporting period, basic earnings per share were 0.02 yuan, and the weighted average return on net assets was 1.29%. The company is mainly engaged in the research, development, production and sales of optical components, optical lenses, intelligent controllers, optoelectronic modules, optical instrument spare parts and other products.

Phoenix Optics released its 2026 interim report, with net profit attributable to the parent company of 6.61 million yuan, a decrease of 71.67% compared with the same period last year. The company's total operating revenue was 787 million yuan, up 3.45% year-on-year; net cash inflow from operating activities was 41.81 million yuan, down 21.01% year-on-year. The company's latest asset-liability ratio was 71.68%, gross margin was 16.99%, and diluted earnings per share was 0.02 yuan.

Phenix Optics released its 2026 interim report. First-half operating revenue was 787 million yuan, up 3.45% year on year, while net profit attributable to the parent was 6.61 million yuan, down 71.67% year on year. Second-quarter operating revenue was 435 million yuan, up 6.9% year on year, and net profit attributable to the parent was 8.39 million yuan, down 53.1% year on year. As of the end of the second quarter, total assets were 2.026 billion yuan, up 1.5% from the end of the previous year, and net assets attributable to the parent were 519 million yuan, up 1.7% from the end of the previous year. The company said its main business and operating model did not change materially during the reporting period. It continued to focus on the two major areas of optics and intelligent controllers, and steadily increased its market share in emerging fields such as lidar.

Phoenix Optics disclosed its earnings forecast, expecting net profit attributable to the parent for the first half of 2026 to be between 5.5 million yuan and 7.5 million yuan, a year-on-year decline of 68% to 76%. Deducted non-recurring net profit is expected to be between 4.2 million yuan and 5.6 million yuan, a year-on-year increase of 1% to 35%. The company stated that market expansion in its optical business drove revenue and profit growth, but the continued appreciation of the renminbi led to exchange losses in its export business. Additionally, in the same period last year, the sale of a subsidiary's equity and Shanghai properties increased earnings by 18.62 million yuan, while there were no similar asset disposals in the current period, resulting in a significant decrease in non-recurring gains.