Huaan maintains Buy rating for NARI Technology stock

Published on 10/19/2026 at 10:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Huaan forecasts CNY 75.22 billion revenue for 2026. October 29 results are next for NARI Technology stock after CNY 27.77 billion first-half revenue.

Analyst view and operating scale

Huaan Securities maintained its Buy rating and forecast CNY 75.22 billion revenue for 2026 on October 11, 2026.
First-half revenue reached CNY 27.77 billion, representing 14.54 percent year-over-year growth.
NARI Technology stock was last at CNY 22.99 at 3:00 p.m. CST on Shanghai Stock Exchange on October 19, 2026.
Market capitalization stood at CNY 184.7 billion as of October 19, 2026.

NARI Technology, CNE000001G38, Illustration mit AI erstellt.

NARI Technology (ISIN CNE000001G38) reported first-half 2026 revenue of CNY 27.77 billion, up 14.54 percent year over year, in the company report covered by Stockstar on August 27, 2026. The latest market focus is Huaan Securities' Buy rating and its forecast for further revenue growth, reported by FUTU on October 11, 2026.

Three developments since August

On August 27, 2026, NARI Technology's first-half report showed CNY 3.07 billion in net profit attributable to shareholders, an increase of 4.08 percent from the prior-year period, according to Stockstar. On October 11, 2026, Huaan Securities highlighted first-half contract signings of CNY 45.63 billion, up 28.79 percent year over year, and maintained its Buy rating, according to FUTU.

On October 13, 2026, the company said its grid intelligence and digital energy integration businesses generated more than 60 percent of revenue from State Grid in the first half, as reported by FUTU. That concentration links order visibility to one major customer and gives the contract figure added importance for assessing future growth.

What drives the next result?

Low-carbon energy revenue reached CNY 9.61 billion in the first half of 2026, rising 46.98 percent year over year, while its gross margin fell 2.95 percentage points to 18.64 percent, according to FUTU. The combination points to a clear investor question: how much of the contract expansion can become profitable revenue as faster-growing businesses carry lower margins.

October 29 results date

finanzen.at reported that NARI Technology is scheduled to present results for the quarter ended September 30, 2026, on October 29, 2026. The same report puts consensus quarterly revenue at CNY 16.02 billion, versus CNY 14.33 billion in the prior-year quarter.

Shanghai valuation remains the market anchor

NARI Technology was last at CNY 22.99 on the Shanghai Stock Exchange on October 19, 2026 at 3:00 p.m. CST. Its market capitalization was CNY 184.7 billion, while the 52-week range stood at CNY 21.26 to CNY 32.06 as of October 19, 2026.