Clickclark has released its semi-annual earnings forecast, expecting net profit attributable to the parent company for the first half to be approximately 60 million to 80 million yuan, a sharp decline of 60.19% to 46.92% from the 151 million yuan in the same period last year. The company explained that copper prices, which are linked to its main raw material enameled copper wire, have remained high and volatile, leading to increased procurement costs. Although product selling prices have been gradually raised, the price transmission has a lag, putting pressure on gross margins in the short term. In addition, higher equity incentive expenses, increased investment in research and development and overseas market expansion, as well as fluctuations in the RMB exchange rate, have also affected performance. The company previously experienced rapid growth, with a compound annual revenue growth rate of 19.19% from 2022 to 2025 and a compound annual net profit growth rate as high as 39.11%, but the gross profit margin on sales in 2025 has already slipped to 12.90% from 16.67% in 2022.
Shenzhen Click Technology Co LtdHigh copper prices increase raw material costs, squeezing gross margins.