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SHENZHEN TRANSSION (688036) investor relations material
SHENZHEN TRANSSION Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for H1 2026 reached RMB 35.43 billion, up 21.85% year-over-year; net profit attributable to shareholders was RMB 1.77 billion, up 46.22% year-over-year.
Gross margin improved due to higher average selling prices and lagged cost increases from historical inventory.
The company maintained a leading position in emerging markets, ranking third globally in mobile phone market share and first in Africa.
Significant cash dividend proposed: RMB 8.00 per 10 shares, totaling RMB 920.95 million, representing 51.93% of H1 net profit.
Financial highlights
Operating income: RMB 35.43 billion, up 21.85% year-over-year.
Net profit attributable to shareholders: RMB 1.77 billion, up 46.22% year-over-year.
Operating cash flow: -RMB 5.86 billion, mainly due to increased inventory from higher storage prices.
Basic and diluted EPS: RMB 1.54, up 45.28% year-over-year.
Gross margin improved due to delayed cost pass-through.
Outlook and guidance
The company continues to focus on emerging markets, leveraging AI and digital transformation to drive product and operational differentiation.
Ongoing investment in R&D and expansion into digital accessories, home appliances, and energy storage.
- Revenue and net profit surged in Q1 2026, but operating cash flow turned negative.688036
Q1 2026 - Q3 revenue grew, but year-to-date profit dropped nearly 45% due to margin pressures.688036
Q3 2025 - Revenue and profit fell, but market leadership and high R&D investment were maintained.688036
Q2 2025 - Q3 profit and margins fell sharply despite higher YTD revenue and increased R&D investment.688036
Q3 2024 - Revenue and net profit surged over 35% year-over-year, with Africa market share above 40%.688036
Q2 2024 - Revenue and profit plunged in Q1 2025 amid fierce competition and cost pressures.688036
Q1 2025
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