Luxshare Precision revenue jumps 40.2% to RMB 174.50 billion in first half

Luxshare Precision Industry Co. Ltd. reported unaudited first-half revenue of RMB 174.50 billion, up 40.2% year over year, while net profit attributable to shareholders rose 18.0% to RMB 7.84 billion. Net profit excluding non-recurring gains and losses increased 6.5% to RMB 5.96 billion, and gross margin widened 17 basis points to 11.78%. The company said operating leverage, a more diversified revenue mix, AI-enabled manufacturing efficiency and cost controls helped offset foreign-exchange volatility, higher input costs and investment in new businesses. Revenue grew across its three core segments: Consumer Electronics rose 19.3% to RMB 122.48 billion, Communications and Data Center increased 49.7% to RMB 16.61 billion, and Automotive Electronics surged 274.1% to RMB 32.39 billion, supported by organic growth, customer program ramps and Leoni's contribution. Luxshare Precision is expanding in AI PCs, smart wearables, AI glasses, AI infrastructure, intelligent vehicles, high-speed connectivity, optical products, liquid cooling and power management. Research and development spending rose 43.1% to RMB 6.57 billion, while capital expenditure reached RMB 10.27 billion. Inventory increased 19.0% from the end of 2025 to RMB 50.37 billion, below revenue growth, and operating cash flow was negative RMB 2.45 billion for the first half before turning positive at RMB 4.62 billion in the second quarter. The company operates across five continents, 29 countries and more than 100 production sites, and plans to continue investing in technology, manufacturing capacity and global delivery for the rest of 2026.

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