Wuhan Raycus Fiber Laser Technologies Co Ltd Class AFirst-half net profit up 117.53% YoY, non-GAAP up 287.84%, strong earnings report.

Raycus Laser disclosed its 2026 semi-annual report on August 27. In the first half, total operating revenue reached 1.91 billion yuan, up 14.75% year on year; net profit attributable to the parent company was 159 million yuan, up 117.53% year on year; and non-GAAP net profit was 124 million yuan, up 287.84% year on year. Net cash flow from operating activities was 314 million yuan, down 8.98% year on year. Basic earnings per share were 0.2831 yuan, and the weighted average return on equity was 4.55%, up 2.34 percentage points year on year. As of the end of the first half, the company's inventory book value was 757 million yuan, accounting for 21.38% of net assets, with an inventory write-down provision ratio of 16.22%.
Wuhan Raycus Fiber Laser Technologies Co Ltd Class AFirst-half net profit up 117.53% YoY, non-GAAP up 287.84%, strong earnings report.