Lens Technology (300433) Q4 2025 earnings summary

Executive summary

• Achieved high-quality growth with revenue of ¥74.41 billion, up 6.46% year-over-year, and net profit attributable to shareholders of ¥4.02 billion, up 10.87% year-over-year.

• AI smart terminal business remained stable; significant breakthroughs in embodied intelligence, AI servers, and commercial aerospace.

• Completed H-share listing in Hong Kong, raising HK$5.4 billion to support global expansion and new business lines.

• Maintained leading market share in high-end smartphone components and expanded into AI wearables, automotive, robotics, and aerospace.

Financial highlights

• Revenue: ¥74.41 billion, up 6.46% year-over-year; net profit attributable to shareholders: ¥4.02 billion, up 10.87%.

• Gross margin: 15.99%; basic EPS: ¥0.79, up 8.22% year-over-year.

• Operating cash flow: ¥11.46 billion, up 5.29% year-over-year.

• Net assets attributable to shareholders: ¥55.02 billion, up 13.08% year-over-year.

• R&D expenses: ¥2.87 billion, up 3.08% year-over-year; R&D staff: 24,539, accounting for 16.84% of total employees.

Outlook and guidance

• 2026 focus: consolidate core business, accelerate embodied intelligence, AI servers, and commercial aerospace.

• Plan to double production capacity for robotics and expand overseas, especially in Southeast Asia and North America.

• Continue to invest in R&D for AI hardware, advanced materials, and smart manufacturing.

• Maintain stable dividend policy and enhance shareholder returns.