Q TECH (01478) announced its annual performance, with a net profit attributable to shareholders of 1.494 billion yuan, representing a year-on-year increase of 435.22%.

Q TECH (01478) announced its annual performance for the year ending December 31, 2025. The group achieved revenue of 20.877 billion yuan, an increase of 29.26% year-on-year. The profit attributable to equity holders of the company was 1.494 billion yuan, an increase of 435.22% year-on-year. Basic earnings per share were 125.7 cents, with a proposed final dividend of 40 Hong Kong cents per share. The growth in revenue was mainly due to: (i) in the current year, the group's sales of camera modules in non-mobile phone fields such as automotive and Internet of Things (IoT) increased by approximately 111.0% year-on-year, leading to a 171.2% year-on-year increase in revenue from camera modules in non-mobile phone fields such as automotive and IoT, with the share of revenue from camera modules in the group reaching approximately 26.9%, a significant increase from the previous year; (ii) the sales volume of the group's periscope camera modules increased by approximately 256.4% year-on-year, driving the comprehensive average unit price of camera module products to increase by approximately 19.7% from the previous year, effectively increasing the revenue of camera module products; and (iii) in the current year, the sales volume of biometric modules increased by approximately 25.8% year-on-year. Since its establishment in 2007, the group has experienced multiple industry cycles with prudent management. Over the five fiscal years from 2021 to 2025, the group achieved a compound annual growth rate of 12.2% in net profit compared to the net profit in 2020, reaching historical highs in revenue and profit in 2025. Meanwhile, the group's product application areas continue to expand, customer structure improves, product structure optimizes continuously, international layout deepens, and vertical integration starts to show results. In the AI and Siasun Robot & Automation era, the group needs to find stability amidst the changes, further enhance product strength, technological strength, platform strength, and talent strength, consolidate and broaden the second growth curve through deepening vertical integration and strategic layout, and strive towards a broader future. In the next five years, the group will continue to adhere to the mission of "bringing light to machines," uphold the values of "customer-centric experience, team contribution, striving for excellence, and craftsmanship spirit," focus on the intelligent visual industry, use optical module products as the foundation, vertical integration of upstream key components and downstream application complete machines as means, create internationally leading integrated solutions for intelligent vision, build the "opto-mechatronics software algorithm" technology fusion capability, and become a leader in technology upgrade from traditional optics to SUN HING VISION.