RoboTechnik Intelligent Technology (300757) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached RMB 608.48 million, up 144.82% year-over-year, with net profit attributable to shareholders at RMB 6.56 million, marking a return to profitability from a loss last year.

• The surge was driven by rapid growth in the photonics and semiconductor segment, which contributed 81.16% of main business revenue, while the photovoltaic segment declined due to industry headwinds.

• Gross margin improved significantly in both core segments, with photonics and semiconductor at 42.91% (+8.14ppt YoY) and photovoltaic at 32.62% (+9.76ppt YoY).

• Operating cash flow turned positive to RMB 232.60 million, reflecting improved business quality and cash collection.

Financial highlights

• Revenue: RMB 608.48 million (+144.82% YoY); net profit: RMB 6.56 million (vs. -RMB 33.33 million YoY).

• Operating cash flow: RMB 232.60 million (vs. -RMB 15.34 million YoY); total assets: RMB 3.89 billion (+6.81% from year-end 2025).

• Basic and diluted EPS: RMB 0.04 (vs. -RMB 0.21 YoY); ROE: 0.39% (vs. -2.99% YoY).

• Photonics and semiconductor revenue: RMB 488.23 million (+952.17% YoY); photovoltaic revenue: RMB 82.98 million (-53.93% YoY).

• Gross margin: 42.91% (photonics/semiconductor), 32.62% (photovoltaic).

Outlook and guidance

• Order backlog at RMB 3.39 billion, with photonics and semiconductor orders at RMB 2.45 billion, a record high.

• Management expects continued strong growth in photonics and semiconductor, supported by AI-driven demand and ongoing industry upgrades.

• Photovoltaic segment expected to remain under pressure but will focus on product iteration and overseas market expansion.