Simplo Technology (6121) Q2 2026 earnings summary

Executive summary

• H1 2026 revenue rose to NT$39.39bn from NT$38.00bn; net profit increased to NT$3.85bn from NT$3.23bn, with gross margin improving to 18% from 15%.

• Q2 revenue was NT$20.92bn versus NT$19.63bn; net profit was NT$2.17bn versus NT$1.42bn.

• Review conclusion was qualified because certain non-significant subsidiaries and 2025 equity-method investee financial statements were not reviewed.

Financial highlights

• H1 operating profit increased to NT$4.53bn from NT$3.30bn; gross profit rose to NT$7.14bn from NT$5.70bn.

• H1 profit attributable to owners rose to NT$2.94bn from NT$2.48bn; basic EPS was NT$15.89 versus NT$13.39.

• Q2 operating profit was NT$2.49bn versus NT$1.57bn; gross profit was NT$3.83bn versus NT$2.79bn.

• H1 net cash from operating activities was NT$2.78bn versus NT$4.71bn; cash and cash equivalents ended June at NT$27.40bn.

• Inventories were NT$18.85bn at June 30, 2026, versus NT$13.05bn a year earlier; H1 inventory write-downs included a NT$33.2m recovery.

Segment performance

• One operating segment; H1 lithium battery revenue was NT$38.94bn versus NT$36.46bn, while other-product revenue was NT$447m versus NT$1.55bn.

• H1 revenue by customer geography: Taiwan NT$35.05bn versus NT$35.70bn; United States NT$3.68bn versus NT$1.30bn.