OPT Machine Vision Tech (688686) investor relations material

Executive summary

• H1 2026 revenue rose 32.46% YoY to RMB 904.14m; net income attributable to shareholders increased 16.78% to RMB 170.50m. Growth was led by lithium battery, semiconductor and automotive demand.

• Adjusted for non-recurring items, attributable net income was RMB 156.65m, up 18.39% YoY; operating cash flow weakened sharply on strategic inventory purchases.

Financial highlights

• Revenue was RMB 904.14m, up 32.46% YoY; total profit was RMB 182.60m, up 14.22%; attributable net income was RMB 170.50m, up 16.78%.

• Adjusted attributable net income, excluding non-recurring gains and losses, was RMB 156.65m, up 18.39% YoY; non-recurring gains totaled RMB 13.85m.

• Operating cash flow was negative RMB 168.12m versus positive RMB 113.76m a year earlier, mainly due to higher supplier payments for strategic stocking.

• Operating costs rose 58.81% YoY to RMB 374.27m; selling expenses increased 23.12%, administration 37.11%, and R&D expenses 7.40%.

Outlook and guidance

• Priorities include expanding across 3C electronics, lithium batteries, semiconductors and automotive; scaling industrial AI, 3D vision, edge computing, robot vision and motion-control capabilities.

• Plans emphasize standardized, modular products and solutions, integration of acquired capabilities, and selective expansion into robotics and overseas markets; execution remains exposed to demand, competition and project-validation uncertainty.