Skyworth Group stock fell 1.65 percent as profit surged

Published on 10/07/2026 at 02:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Skyworth Group reported RMB 38.035 billion in first-half revenue on September 16, 2026, while net profit reached RMB 1.025 billion. Overseas sales rose 27.9 percent.

Skyworth, BMG8181C1001, Illustration mit AI erstellt.

Skyworth Group stock (ISIN BMG8181C1001) was last at HKD 2.98 on the Hong Kong Stock Exchange on October 6, 2026, at 4:08 p.m. HKT, down 1.65 percent from the prior close. The latest company figures show a sharper profit acceleration than the share price suggests.

Profit growth led the results

According to Moomoo on September 16, 2026, revenue for the six months ended June 30, 2026, rose 4.9 percent year over year to RMB 38.035 billion. Net profit increased 180.8 percent to RMB 1.025 billion, compared with RMB 365 million in the prior-year period.

The margin picture also improved. Gross profit margin reached 13.4 percent in the first half, up from 12.3 percent a year earlier, while profit attributable to equity holders climbed 399.2 percent to RMB 624 million.

Overseas sales offset China weakness

The geographic split gives the result a more balanced reading. Mainland China revenue fell 1.7 percent to RMB 27.812 billion, but overseas revenue rose 27.9 percent to RMB 10.298 billion, according to Moomoo in the same September 16, 2026 interim-report summary.

Segment momentum was uneven. Smart System Technology revenue grew 30.8 percent to RMB 5.349 billion, while Smart Home Appliances revenue increased 4.0 percent to RMB 17.75 billion and New Energy revenue rose 0.7 percent to RMB 13.935 billion.

The quality of earnings deserves attention because the report linked much of the profit increase to fair-value gains on listed and unlisted equity securities held by the venture capital business. The report described that gain as an unrealized, non-cash accounting adjustment, making operating growth and cash conversion important checkpoints for the next report.

Analyst target stands above HKD 8

A consensus page from MarketScreener dated September 9, 2026, showed a Buy consensus from one analyst. The average, highest and lowest 12-month target were all HKD 8.00, while the reference price on that page was HKD 4.055.

Against the October 6 price of HKD 2.98, the HKD 8.00 consensus target is 168.46 percent above the share price. That gap is a market expectation, not a company forecast, and it sits beside a stock that remains 60.74 percent below its 52-week high of HKD 7.59.

Skyworth stock stays near its yearly low

Trading volume reached 2,098,014 shares on October 6, 2026. The HKD 2.93 low recorded for that session was only HKD 0.05 below the last price, while the current market capitalization was HKD 5.6 billion.

For investors, the central tension is clear: first-half revenue expanded and overseas sales accelerated, but the strongest profit growth included a non-cash fair-value contribution. Skyworth stock therefore combines a wide analyst target gap with a business mix that is shifting toward international markets and smart systems.