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Victory Giant Technology (HuiZhou) (300476) investor relations material
Victory Giant Technology (HuiZhou) H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for H1 2026 reached ¥11.63 billion, up 28.77% year-over-year, with net profit attributable to shareholders at ¥2.86 billion, up 33.30% year-over-year.
High-end PCB product mix and AI/data center demand drove growth, with over 50 new customers added, half in AI.
Major capital market event: successful H-share listing on the Hong Kong Stock Exchange in April 2026.
Financial highlights
Operating income: ¥11.63 billion, up 28.77% year-over-year.
Net profit attributable to shareholders: ¥2.86 billion, up 33.30% year-over-year.
Operating cash flow: ¥2.91 billion, up 144.61% year-over-year.
Basic and diluted EPS: ¥3.14, up 25.60% year-over-year.
Gross margin: 33.26% (calculated from disclosed data).
Total assets: ¥63.03 billion, up 78.83% from year-end 2025.
Net assets: ¥37.91 billion, up 128.13% from year-end 2025.
Outlook and guidance
AI, data center, and high-end PCB demand expected to remain strong, with continued focus on high-value product mix and global customer expansion.
Ongoing investment in overseas manufacturing bases (Vietnam, Thailand, Malaysia) to support international growth.
- Revenue and net profit surged in Q1 2026, boosted by strong sales and a successful H-share IPO.300476
Q1 2026 - Net profit soared 273.52% on 79.77% revenue growth, fueled by AI and high-end PCB demand.300476
H2 2025 - Q3 revenue up 37.07% and net profit up 26.70% year-over-year, driven by acquisition and strong cash flow.300476
Q3 2024 - Net profit soared 324% year-over-year on strong global sales and major overseas expansion.300476
Q3 2025 - H1 2025 revenue and profit soared on AI-driven PCB demand and global expansion.300476
H1 2025 - Revenue and profit surged over 30% year-over-year, led by acquisitions and high-end PCB growth.300476
H1 2024 - Q1 net profit soared 339% year-over-year, with robust AI-driven order growth.300476
Q1 2025
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