Accelink Technologies has delivered a robust half-year financial report, with both revenue and profit recording rapid growth, reflecting the continued prosperity of the optical communication component sector amid the wave of artificial intelligence infrastructure construction.
According to the company's announcement, revenue for the first half of 2026 reached RMB 6.61 billion, up 26.07% year-on-year; net profit attributable to shareholders of the listed company stood at RMB 582 million, up 56.34%; and non-GAAP net profit was RMB 568 million, up 57.77%. The profit growth rate significantly outpacing revenue growth indicates a further enhancement of the company's profitability.
Meanwhile, the company announced a cash dividend of RMB 3.7 (pre-tax) per 10 shares to all shareholders, based on a share base of approximately 828 million shares, underscoring its commitment to shareholder returns.
Key Financial Highlights: Profit Growth Far Exceeds Revenue
Looking at core financial metrics, Accelink Technologies' earnings quality has improved markedly this period. The net profit attributable to shareholders surged 56.34% year-on-year, well above the 26.07% revenue growth, demonstrating strong economies of scale and cost control capabilities.
Non-GAAP net profit of RMB 568 million, up 57.77%, closely aligns with the net profit growth rate, indicating that the performance increase stems primarily from substantive expansion of core operations, with limited impact from non-recurring items.
Basic earnings per share reached RMB 0.73, up 55.32% year-on-year; the weighted average return on equity was 5.24%, up 1.19 percentage points from the same period last year.
Significant Asset Expansion with Stable Shareholding Structure
On the balance sheet front, Accelink Technologies' scale expansion is equally pronounced. As of the end of the reporting period, total assets reached RMB 23.02 billion, up 40.87% from the end of last year; net assets attributable to shareholders of the listed company stood at RMB 14.45 billion, up 43.26%, reflecting overall sound asset quality.
It is worth noting that net cash flow from operating activities was RMB -1.236 billion, a sharp decline of over 1000% year-on-year, compared to RMB -107 million in the same period last year. This change may be related to increased inventory build-up and higher working capital requirements from rapid business expansion, which investors should monitor closely.
Regarding shareholding structure, the controlling shareholder, FiberHome Technologies Group Co., Ltd., holds a 35.22% stake, representing 291 million shares. No changes occurred in the controlling shareholder or actual controller during the reporting period. China Reform Investment Co., Ltd. holds 3.75%, and China Information and Communication Technologies Group Corp. holds 3.01%, both acting in concert with FiberHome Technologies Group. State-owned shareholders collectively hold a relatively high proportion, underscoring the company's significant state-owned nature.
The total number of ordinary shareholders at the end of the reporting period was 306,550. The top ten shareholders also include Hong Kong Securities Clearing Company Ltd. (holding 2.23%) and several ETFs tracking communications and artificial intelligence themes, reflecting institutional investors' continued interest in this sector.