- Net profit attributable to shareholders · Q3 2026842.96 CNY m -50.42% vs Q3 2025
- Operating revenue · Q3 202619.04 CNY bn -8.05% vs Q3 2025
- Basic earnings per share · Q3 20260.16 CNY -51.52% vs Q3 2025
- Net profit attributable to shareholders · January-September 20261.42 CNY bn -50.06% vs January-September 2025
- Financial expenses · January-September 2026715.61 CNY m vs CNY -73.91m in Jan-Sep 2025
Lens Technology Co., Ltd. reported attributable net profit of CNY 842.96m for the third quarter of 2026, down 50.42% from a year earlier, on operating revenue of CNY 19.04bn, down 8.05%. Basic earnings per share for the quarter were CNY 0.16, down 51.52%, according to the unaudited quarterly report published on the Shenzhen and Hong Kong exchanges. Excluding non-recurring gains and losses, third-quarter attributable profit was CNY 720.32m, a 59.13% drop.
For January to September 2026, attributable net profit fell 50.06% year on year to CNY 1.42bn, and operating revenue fell 10.74% to CNY 47.90bn. Stripping out non-recurring items, nine-month attributable profit was CNY 998.09m, down 63.07%. Net cash flow from operating activities came to CNY 4.71bn, 19.35% lower than in the same period of 2025. Revenue minus cost of sales, by Polstob's calculation, came to CNY 7.94bn, against CNY 8.64bn a year earlier.
Selected nine-month income statement lines
| Item | Jan-Sep 2026 | Jan-Sep 2025 |
|---|---|---|
| Operating revenue | 47,901.83 | 53,662.54 |
| Cost of sales | 39,965.99 | 45,024.19 |
| Administrative expenses | 2,278.98 | 2,103.32 |
| Research and development expenses | 2,435.11 | 2,439.96 |
| Financial expenses | 715.61 | -73.91 |
| Income on investment | 149.10 | 79.80 |
| Asset impairment losses | -620.11 | -516.40 |
| Operating profit | 1,624.74 | 3,130.02 |
| Attributable net profit (owners of the parent) | 1,419.77 | 2,842.95 |
Source: Lens Technology 2026 Third Quarterly Report (unaudited), January-September 2026 and 2025. Rounded from the report's figures in yuan. A negative financial-expenses figure means financial items produced a net gain. Losses are shown with a minus sign, as in the report. The report gives no separate third-quarter income statement.
The report puts the jump in financial expenses down to an increase in net exchange losses during the period; it does not say how much of the overall profit decline came from currency moves. By Polstob's calculation from the table, the swing in financial expenses between the two periods was about CNY 789.5m, a pre-tax figure; the line also includes interest expenses and interest income, so not all of that swing is exchange losses. Income on investment rose 86.83%, which the company mainly attributes to "an increase in returns on maturing forward foreign exchange settlement and sale".
On the balance sheet, inventory reached CNY 9.36bn on 30 September 2026, up 35.02% from the start of the year; the company says it built stock ahead of its peak sales season in the year's second half. It mainly attributes the rise in short-term borrowings, to CNY 1.82bn from CNY 643.69m, to working-capital needs from that inventory. Long-term loans rose to CNY 8.32bn from CNY 4.37bn as investment projects grew, and construction in progress climbed to CNY 3.28bn, largely for its Lens Technology Dongyuan project, the report says. Total assets were CNY 91.16bn, up 8.09%.
- Lens Technology Co., Ltd., 2026 Third Quarterly Report (HKEXnews, stock code 6613, English), 25 Oct 2026, 11:13 CET
- 蓝思科技股份有限公司 2026年第三季度报告 (Shenzhen Stock Exchange, stock code 300433), 26 Oct 2026, 01:00 CET