TCL Tech stock reports a 102.2 percent profit surge

Published on 10/07/2026 at 09:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TCL Tech stock follows a 102.2 percent H1 profit jump in 2026. Revenue reached RMB 88.65 billion, while operating cash flow fell 35.39 percent.

TCL Tech, CNE000001GL8, Illustration mit AI erstellt.

TCL Technology Group Corporation (CNE000001GL8) reported RMB 3.81 billion in net profit attributable to shareholders for the first half of 2026, an increase of 102.19 percent from the prior-year period. The stock was last at CNY 4.79 on Shenzhen on September 30, 2026 at 3:04 p.m. CST, up 0.42 percent on the session.

Profit growth outpaced revenue

According to Securities Star, TCL Technology generated RMB 88.65 billion in operating revenue in the six months through June 30, 2026, up 3.61 percent year over year. The same report puts net profit attributable to shareholders at RMB 3.81 billion, compared with RMB 1.88 billion in the first half of 2025.

The contrast matters for investors: revenue growth remained in the low single digits, while reported profit more than doubled. The interim report also records RMB 17.62 billion in operating cash flow, down 35.39 percent from RMB 27.27 billion a year earlier, linking the earnings improvement to a weaker cash conversion picture.

Displays remain the earnings engine

TCL Technology said its display business produced RMB 56.50 billion of revenue in the first half, equal to 63.73 percent of group revenue, while electronics distribution revenue reached RMB 17.82 billion after growing 21.46 percent year over year, according to Securities Star.

The report identifies a mixed operating backdrop. Vehicle-mounted panel revenue increased 46 percent year over year, but the company also cited rising memory prices and weaker smartphone demand as pressures on its FMM OLED business. That split makes panel mix, utilization and cash flow important follow-up indicators after the strong profit comparison.

Analyst target above market price

A research view published by Futunn on September 24, 2026, maintained a Buy rating and a target price of RMB 7.62. That target lies 59.1 percent above the CNY 4.79 market price, although the target and the share price use different currencies only in label convention here: RMB and CNY are the same currency.

Stock remains below yearly high

TCL Tech stock was last at CNY 4.79 on Shenzhen on September 30, 2026. Its 52-week range was CNY 4.04 to CNY 6.26, while market capitalization stood at CNY 99.6 billion and volume reached 208,394,222 shares on that date.