JNBY Design (3306) H1 2026 earnings summary

Executive summary

• Revenue for the six months ended December 31, 2025, rose 7.0% year-over-year to RMB3,375.9 million, driven by online sales growth and offline store expansion.

• Net profit increased 11.9% year-over-year to RMB676.0 million, with net profit margin improving to 20.0%.

• Gross profit margin rose to 66.5% from 65.1% in the prior year period.

• The number of standalone retail stores grew to 2,163 globally, with a strong presence in Mainland China and nine other countries.

• Interim dividend of HK$0.52 per share (approx. RMB0.47) declared, payable April 15, 2026.

Financial highlights

• Revenue: RMB3,375.9 million (+7.0% YoY).

• Gross profit: RMB2,245.5 million (+9.2% YoY).

• Operating profit: RMB926.7 million (+12.2% YoY).

• Net profit: RMB676.0 million (+11.9% YoY).

• Net cash from operating activities: RMB996.0 million (+21.1% YoY).

• Basic EPS: RMB1.32 (+12.8% YoY); Diluted EPS: RMB1.29 (+11.2% YoY).

Outlook and guidance

• Confident in future growth, leveraging a diversified brand portfolio and strong operational management.

• Plans to optimize brand and product offerings, enhance omni-channel retail, and invest in R&D, ESG, and digital capabilities.

• Focus on digital transformation, new retail channels, and strengthening the fan economy.

• Continued emphasis on ESG practices and sustainable growth.