EVE Energy (300014) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached ¥45.69 billion, up 62.20% year-over-year; net profit attributable to shareholders was ¥3.30 billion, up 105.66% year-over-year.

• All major business segments—consumer, power, and energy storage batteries—achieved significant growth, with power and storage battery shipments up 66.47% and 54.88% respectively.

• The company maintained global leadership in battery technology, expanded production capacity domestically and internationally, and continued to invest in R&D and digital manufacturing.

• A cash dividend of ¥2.30 per 10 shares was proposed, totaling approximately ¥500 million.

Financial highlights

• Operating income: ¥45.69 billion, up 62.20% year-over-year.

• Net profit attributable to shareholders: ¥3.30 billion, up 105.66% year-over-year.

• Gross margin: 14.31%, down 3.02 percentage points year-over-year.

• Basic EPS: ¥1.57, up 101.28% year-over-year.

• Net cash flow from operating activities: -¥388 million, compared to ¥2.37 billion in H1 2025.

• Total assets: ¥138.46 billion, up 10.29% from year-end 2025.

Outlook and guidance

• The company expects continued robust demand in consumer, power, and energy storage battery markets, driven by global electrification, AI, and green energy trends.

• Ongoing expansion of production capacity in China and overseas, with new projects in Malaysia and Hungary.

• Focus on technological innovation, cost control, and global supply chain optimization to sustain growth.