Lens Technology (300433.SZ), a Chinese consumer electronics component supplier, disclosed its Q3 2026 report on October 25. Net profit attributable to shareholders for the first three quarters decreased by 50.06% year-on-year to RMB 1.42 billion, while operating revenue fell by 10.74% year-on-year to RMB 47.902 billion. For the third quarter alone, net profit attributable to shareholders decreased by 50.42% year-on-year to RMB 843 million. The company attributed the approximately RMB 790 million year-on-year increase in financial expenses to RMB 716 million for the first three quarters primarily to increased net exchange losses. The decline in revenue from smartphone and computer businesses was the main reason. The company is also continuing to advance project construction, with cash payments of RMB 7.681 billion for the acquisition of fixed assets and other items in the first three quarters. Long-term borrowings increased by 90.48% from the beginning of the year to RMB 8.317 billion.