Fortior Technology (Shenzhen) Co Ltd (688279) Q1 2026 earnings summary

Executive summary

• Q1 revenue rose 46.20% YoY to ¥250,291,452.83; net income attributable to shareholders increased 75.09% to ¥88,267,191.13.

• Excluding nonrecurring items, net income was ¥83,117,184.37, up 89.42% YoY.

Financial highlights

• Total profit reached ¥91,143,793.85, up 69.97% YoY, primarily reflecting revenue growth.

• Operating cash flow was ¥51,782,617.44, down 7.39% YoY, despite higher cash collected from customers.

• R&D spending increased 6.20% YoY to ¥37,262,257.95.

• Total assets rose 1.89% from year-end to ¥5,322,784,005.65; attributable equity increased 2.50% to ¥5,201,166,039.72.

Segment performance

• Sales continued to grow across industrial, smart small-appliance, and sports and mobility applications.