Profit forecast released October 16
Han's Laser released its preliminary results for the first three quarters of 2026 on October 16. The company expects net profit attributable to shareholders of 2.12-2.22 billion yuan, up 145.55%-157.13% year on year.
Net profit after deducting non-recurring items is forecast at 2.25-2.35 billion yuan, up 295.85%-313.44% year on year. Han's Laser recorded a -203 million yuan fair value change gain on its Lingge Technology shares in the first three quarters, 419 million yuan less than a year earlier.
Lithium equipment orders exceed 3 billion yuan
Han's New Energy holds more than 3 billion yuan in lithium battery equipment orders, enough to cover the next one to two years. Han's Laser signed about 24.3 billion yuan in new orders in the first three quarters of 2026, up about 90% year on year, and had about 8.9 billion yuan in undelivered orders at the end of 2025.
Han's New Energy equipment revenue reached 1.499 billion yuan in the first half of 2026, up 55.95% year on year. Lithium battery equipment revenue, reported by Han's Lithium, was 1.370 billion yuan in the first half, up 48.43% year on year. New energy equipment accounts for about 11% of Han's Laser's total revenue.
Focus on major customers and overseas markets
Han's Laser positions its lithium battery equipment business around major customers and overseas markets. The company said lithium equipment is benefiting from capacity expansion by leading customers and demand for localized overseas production lines.