Foxconn Industrial Internet, CNE1000031P3

Foxconn Industrial Internet stock reports 96 percent profit growth

Published on 10/03/2026 at 23:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Foxconn Industrial Internet stock was last at CNY 58.20 on September 30, 2026. First half profit reached CNY 23.74 billion, up 96 percent year over year.

Foxconn Industrial Internet, CNE1000031P3, Illustration mit AI erstellt.

Foxconn Industrial Internet (CNE1000031P3) was last at CNY 58.20 on the Shanghai Stock Exchange on September 30, 2026, down 0.38 percent on the session. The key operating signal remains the first half of 2026, when attributable net income increased 96 percent year over year to CNY 23.74 billion, according to Boerse Global on September 18, 2026.

Profit growth sets the tone

The earnings increase gives Foxconn Industrial Internet a clear operating anchor as demand for AI server infrastructure expands. The company recorded Q2 2026 revenue of CNY 306.78 billion and net income of CNY 13.15 billion, figures reported by Investing.com in its results summary.

That quarterly revenue compares with CNY 251.08 billion in Q1 2026, while net income rose from CNY 10.59 billion to CNY 13.15 billion between the two periods. The sequential improvement shows that the half year result was supported by operating progress beyond a single reporting period.

Buyback supports the equity story

Capital allocation adds a second company specific factor. MarketScreener reported that the buyback closed on September 19, 2026 after 15,833,353 shares were repurchased for CNY 1,000.01 million, equal to 0.08 percent of the company.

The same MarketScreener snapshot dated September 23, 2026 listed 13 analysts and an average target price of CNY 91.68. That target lies 57.5 percent above the September 30 price of CNY 58.20, leaving valuation expectations heavily dependent on continued AI infrastructure demand and execution.

Stock stays below the yearly high

Foxconn Industrial Internet's market capitalization stood at CNY 1.2 trillion on September 30, 2026, with 51,810,612 shares traded. The 52-week range was CNY 47.35 to CNY 84.95, placing the reference price CNY 26.75 below the yearly high and CNY 10.85 above the yearly low.

For investors, the central comparison is now operational: first half profit growth of 96 percent contrasts with a share price still 31.5 percent below the 52-week high. The next market test is whether AI server demand can convert strong earnings growth into sustained cash generation and a narrower gap to analyst expectations.

Shanghai price snapshot

Foxconn Industrial Internet was last at CNY 58.20 on the Shanghai Stock Exchange on September 30, 2026 at 3:00 p.m. CST, with a daily change of -0.38 percent.