Hisense Visual Technology (600060) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached RMB 28.24 billion, up 3.71% year-over-year; net profit attributable to shareholders was RMB 1.20 billion, up 13.23% year-over-year.

• Main business income grew 11.08% year-over-year, with high-end, large-screen, and intelligent product strategies driving structural upgrades.

• Cash cycle improved by 7.36 days year-over-year, reflecting enhanced operational efficiency.

• Global market share and brand value continued to rise, with leading positions in both domestic and international markets.

Financial highlights

• Operating income: RMB 28.24 billion (+3.71% YoY); main business income: RMB 27.68 billion (+11.08% YoY).

• Net profit attributable to shareholders: RMB 1.20 billion (+13.23% YoY); basic and diluted EPS: RMB 0.921 (+13.84% YoY).

• Gross margin improved, with net margin rising from 3.67% to 4.23% over three years.

• Operating cash flow: RMB 1.13 billion; total assets: RMB 47.48 billion (+4.01% from year-end 2025).

• ROE: 5.49% (+0.27pp YoY); adjusted ROE (excl. non-recurring): 4.34%.

Outlook and guidance

• Continued focus on high-end, large-screen, and intelligent product strategies.

• Ongoing global expansion and brand elevation, leveraging major sports events and technological leadership.

• AI-driven innovation and digital transformation to support long-term growth.