Fortior Technology (Shenzhen) Co Ltd (688279) Q2 2026 earnings summary

Executive summary

• H1 2026 revenue rose 49.56% YoY to RMB560.90m; net income attributable to shareholders increased 70.98% to RMB199.21m, with growth led by industrial and automotive applications and stronger market penetration.

• Strategy centers on higher-value industrial, automotive and robotics markets, while expanding the product range and developing AI-enabled engineering tools and system-level services.

Financial highlights

• Revenue was RMB560.90m, up 49.56% YoY; total profit was RMB216.48m, up 77.73%; attributable net income was RMB199.21m, up 70.98%.

• Adjusted to exclude share-based payment effects, net profit was RMB206.26m, up 39.78% YoY; profit excluding non-recurring items was RMB188.46m, up 77.54%.

• Operating cash flow fell 64.03% YoY to RMB43.85m, mainly due to prepayments to secure constrained wafer and packaging capacity.

• Investment income was RMB33.67m, including RMB27.22m from time deposits and negotiable certificates of deposit; fair-value gains were RMB3.76m.

Outlook and guidance

• Priorities include expanding data-center air and liquid-cooling drive solutions, broadening automotive electronics applications and developing robotics products; no numeric financial guidance was stated.

• Plans include pursuing overseas customer and supply-chain opportunities and exploring strategic semiconductor investments and acquisitions.