Gotion High-tech's net profit for the first half of the year increased by 278.05% to 1.386 billion yuan, and its global market share for power batteries rose to fifth place.
In the first half of 2026, Gotion High-tech achieved operating revenue of 27.776 billion yuan, a year-on-year increase of 43.22%. Among this, revenue from the power battery system business grew by 61.01% to 22.597 billion yuan, becoming the main growth engine. According to SNE Research, the company's global power battery installed capacity market share in the first half of the year was 4.6%, an increase of 0.7 percentage points year-on-year, rising to fifth place globally. However, the operating net profit after deducting non-recurring gains and losses was 1.069 billion yuan, a year-on-year increase of 46.71%, indicating a higher reliance of net profit growth on non-recurring income such as changes in the fair value of financial assets. In the same period, the company's financial expenses significantly increased by 131.47% to 1.451 billion yuan due to exchange losses.
Source:华尔街见闻 · Source Link
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