Anker Innovations (300866) H1 2025 earnings summary

Executive summary

• Achieved revenue of ¥12.87 billion for H1 2025, up 33.36% year-over-year, with net profit attributable to shareholders of ¥1.17 billion, up 33.80% year-over-year.

• Core business segments—charging & energy storage, smart innovation, and smart audio-visual—each delivered double-digit growth, with strong global expansion and product innovation.

• Maintained a high overseas revenue share (96.5%), with North America, Europe, and China/other markets growing 23.20%, 66.96%, and 25.96% year-over-year, respectively.

Financial highlights

• Revenue: ¥12.87 billion, up 33.36% year-over-year; net profit attributable to shareholders: ¥1.17 billion, up 33.80%.

• Gross margin: 44.73%, down 0.45 percentage points year-over-year.

• Operating cash flow: -¥1.13 billion, down from +¥841 million year-over-year, mainly due to increased inventory and staff payments.

• R&D investment: ¥1.19 billion, up 49.35% year-over-year, representing 9.28% of revenue.

• Basic EPS: ¥2.20, up 33.04% year-over-year.

• Total assets: ¥18.67 billion, up 12.46% from year-end 2024.

Outlook and guidance

• Continues to focus on global expansion, product innovation, and AI integration across all business lines.

• Plans to further invest in R&D, supply chain resilience, and new market development.

• Board proposes interim cash dividend of ¥0.70 per share (¥375 million total), representing 32.16% of H1 net profit.