Foxconn Industrial Internet, CNE1000031P3

Foxconn Industrial Internet completes buyback of Foxconn Industrial Internet stock

Published on 10/06/2026 at 11:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half net profit rose 95.99 percent to CNY 23.74 billion. Foxconn Industrial Internet stock is valued at CNY 1.15 trillion on September 30, 2026.

Foxconn Industrial Internet, CNE1000031P3, Illustration mit AI erstellt.

Foxconn Industrial Internet completed a buyback of 15,833,353 shares on September 18, 2026, spending CNY 1.00 billion, according to IT Boltwise. The repurchased shares represented 0.08 percent of the company's share capital.

Profit growth accelerates

The latest operating picture is the first-half 2026 report. Net income attributable to shareholders rose 95.99 percent year over year to CNY 23.74 billion, while revenue increased 54.63 percent to CNY 557.86 billion, IT Boltwise reported.

The second quarter supplied a similar contrast between scale and profitability. Revenue reached CNY 306.78 billion in the second quarter of 2026, up from CNY 200.30 billion in the second quarter of 2025, while net income reached CNY 13.15 billion versus CNY 6.88 billion a year earlier, according to Simply Wall St.

AI server demand reshapes mix

Cloud computing revenue increased 75.70 percent in the first half of 2026, while revenue from AI servers supplied to cloud providers rose 230.00 percent, IT Boltwise reported. That mix matters because the company is moving beyond conventional electronics manufacturing toward data-center infrastructure, where demand depends on AI investment cycles and cloud capacity expansion.

The counterweight is cash conversion. Operating cash flow rose 425.32 percent to CNY 7.39 billion in the first half of 2026, but the figure remained below reported net income, making working-capital discipline an important measure alongside revenue growth.

Stock remains below yearly high

Foxconn Industrial Internet is listed on the Shanghai Stock Exchange under ticker 601138, according to Global Banking and Finance Review. The stock closed at CNY 58.20 on September 30, 2026, against a prior close of CNY 58.42 and a 52-week range of CNY 47.35 to CNY 84.95.

The September 30 close stood 31.49 percent below the 52-week high, while market capitalization was CNY 1.2 trillion on the same date. The next scheduled reporting event is third-quarter 2026 results on October 30, 2026, as listed by Simply Wall St.