Huaan highlights 18.64 percent margin for NARI Technology stock

Published on 10/21/2026 at 11:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half contracts reached CNY 45.63 billion, up 28.79 percent year over year. Results are due October 29 for NARI Technology stock.

Margins and reporting dates

Huaan Securities cited an 18.64 percent low-carbon-energy gross margin in first-half 2026.
First-half contracts reached CNY 45.63 billion, up 28.79 percent year over year.
NARI Technology is scheduled to publish third-quarter results on October 29, 2026.

NARI Technology, CNE000001G38, Illustration mit AI erstellt.

NARI Technology (ISIN CNE000001G38) had an 18.64 percent gross margin in its low-carbon-energy segment in the first half of 2026, according to a Huaan Securities report dated October 11. The figure highlights the trade-off behind the company's expansion: overseas revenue and new contracts accelerated, while the fastest-growing segment carried lower profitability.

Margin pressure meets growth

Futu reported that low-carbon-energy revenue reached CNY 9.614 billion in the first half of 2026, up 46.98 percent year over year. Its gross margin fell 2.95 percentage points to 18.64 percent, making execution and mix important questions for the next report.

The same report said first-half revenue was CNY 27.767 billion, up 14.54 percent, while net profit attributable to shareholders rose 4.08 percent to CNY 3.073 billion. The contrast is material: revenue growth exceeded profit growth by 10.46 percentage points.

Three dates and figures

On October 3, 2026, Gawin Research described first-half revenue of CNY 27.77 billion, up 14.54 percent, and new orders of CNY 45.63 billion, up 28.79 percent, in its company review. On October 11, 2026, Futu carried Huaan Securities' assessment of the 18.64 percent low-carbon-energy margin. On October 14, 2026, finanzen.at reported analyst expectations for third-quarter revenue of CNY 16.02 billion.

What comes next for margins?

The October 29 results will test whether NARI Technology can convert its order momentum into profit growth. Gawin Research linked the revenue-profit gap to lower-margin energy-storage activity, foreign-exchange effects and credit impairments. That framing puts the 18.64 percent segment margin alongside the 29.90 percent first-half margin reported for grid intelligence, a 11.26 percentage-point difference.

The next reporting date

NARI Technology is scheduled to present its third-quarter results on October 29, 2026, for the period ended September 30, 2026, according to finanzen.at. The source said two analysts expected earnings per share of CNY 0.262, versus CNY 0.240 in the year-earlier quarter.

Shanghai quote and company profile

NARI Technology's Shanghai quote stood at CNY 22.74 on October 21, 2026 at 3:00 p.m. CST. The company provides power-intelligence systems for grid automation, substations, transmission, distribution and low-carbon energy applications.