Luxshare Precision Industry (002475) Q3 2026 earnings summary

Executive summary

• 9M revenue rose 29.01% YoY to ¥285.012bn; net income attributable to shareholders increased 13.36% to ¥13.057bn. Q3 revenue grew 14.62% and net income 6.98% YoY.

• Operations remained resilient amid RMB appreciation against the US dollar and higher raw-material and other factor costs, supported by manufacturing efficiency, business expansion and integration efforts.

Financial highlights

• Q3 revenue was ¥110.507bn, up 14.62% YoY; Q3 net income attributable to shareholders was ¥5.214bn, up 6.98%.

• 9M net income attributable to shareholders was ¥13.057bn, up 13.36%; adjusted for non-recurring items, net income was ¥10.374bn, up 8.72%.

• 9M operating profit was ¥15.965bn; total comprehensive income was ¥13.270bn.

• 9M operating costs increased 29.37% YoY; R&D expense rose 29.12%, management expense 35.29% and selling expense 49.58%.

Outlook and guidance

• Consumer electronics strategy targets physical-AI devices, including edge AI hardware and robots, using cross-disciplinary technologies and component-to-system vertical integration.

• Communications and data-center plans center on high-speed copper and optical interconnects, with power and thermal management; high-speed copper cables and optical modules entered mass production.

• Automotive plans focus on broader global vehicle-platform coverage, leveraging Leoni’s capacity, customer access and supply chain, while expanding intelligent control, powertrain and chassis products.