Shijia Photonics (688313.SH) released semi-annual results, net profit of 315 million yuan, up 45.3% year-on-year

According to Zhitong Finance App News, Shijia Photonics (688313.SH) disclosed its 2026 semi-annual report. The company achieved revenue of 1,495 billion yuan during the reporting period, an increase of 50.66% over the previous year. Net profit attributable to shareholders of listed companies was 315 million yuan, an increase of 45.30% over the previous year. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 309 million yuan, an increase of 44.42% over the previous year. Basic earnings per share were 0.6964 yuan/share.

During the reporting period, driven by AI computing power demand, the digital communication market grew rapidly; the company adapted to market demand, the competitive advantage of products was prominent, and customer recognition increased. The number of orders increased compared to the same period last year. The company continues to improve operational control capabilities, strengthen cost reduction and efficiency efforts, improve product yield, enhance product competitiveness, and improve profitability.

Furthermore, the share of R&D investment in revenue during the reporting period decreased by 2.22 percentage points compared to the same period last year, mainly due to the fact that revenue grew faster than R&D investment. The company always adheres to the “core-based” R&D strategic direction, continues to cultivate core technology, and maintains strategic investment in key R&D areas. Among them: R&D investment related to optical chips continued to grow; R&D expenses for optical fiber connector jumpers and indoor optical cables declined somewhat, mainly due to the fact that MPO and MMC high-speed connection jumpers were still in the early stages of development in the same period last year, and material investment was high. However, related product process routes have matured during the reporting period, and R&D material expenses have decreased accordingly.