XGIMI Technology released its 2026 interim report. First-half net profit attributable to the parent company was 83.19 million yuan, down 6.2% year on year. Operating revenue was 1.606 billion yuan, down 1.2% year on year. Net profit attributable to the parent after deducting non-recurring items was 82.27 million yuan, up 7.3% year on year. Net operating cash flow was negative 328 million yuan. Earnings per share were 1.22 yuan. In the second quarter, operating revenue was 813 million yuan, down 0.3% year on year. Net profit attributable to the parent was 32.92 million yuan, up 26.5% year on year. Net profit attributable to the parent after deducting non-recurring items was 33.47 million yuan, up 57.3% year on year. As of the end of the second quarter, total assets were 5.931 billion yuan, up 5.45% from the end of the previous year. Net assets attributable to the parent were 2.94 billion yuan, down 2.7% from the end of the previous year. The company focuses on smart projection products and has moved quickly into new businesses such as automotive optics, commercial displays, and AI glasses. During the reporting period, overseas market revenue reached 748 million yuan, up 87.63% year on year, accounting for 46.58% of total revenue. The company also launched new products including the X50 Ultra series and RS 30 series.
Chengdu XGimi Technology Co. Ltd. AFirst-half net profit fell 6.2% year on year, with operating revenue down 1.2% and negative operating cash flow.
