TCL Technology (000100) Q1 2026 earnings summary

Executive summary

• Achieved revenue of ¥43.45 billion in Q1 2026, up 8.4% year-over-year; net profit attributable to shareholders rose 53.7% to ¥1.56 billion.

• Focused on core businesses: semiconductor display, new energy photovoltaics, and semiconductor materials, with continued investment in technology and global expansion.

• Maintained a high asset-liability ratio of 65.0% at quarter-end, with cash and equivalents at ¥20.6 billion.

Financial highlights

• Operating cash flow was ¥11.39 billion, down 5.6% year-over-year.

• Basic EPS was ¥0.0692, up 26.97% year-over-year.

• Total assets at quarter-end were ¥366.41 billion, down 1.7% from year-end 2025.

• Shareholders’ equity attributable to listed company shareholders increased 3.67% to ¥63.68 billion.

• Non-recurring profit and loss items contributed ¥401.6 million, mainly from government subsidies and asset disposals.

Outlook and guidance

• Expects continued industry consolidation and improved profitability in the display sector.

• Plans to leverage technology innovation and brand value to maintain global leadership in core businesses.