Shenzhen Absen Optoelectronic Co., Ltd. achieved operating revenue of USD 124 million (RMB 888 million) in the first quarter of 2026, representing a 7.52% increase year-on-year. The company reported a net profit attributable to the parent company of USD 5.49 million (RMB 39.2767 million), up 7.87% from the previous year. This performance occurred against a backdrop of slowing global growth and significant margin pressure within the LED display industry, driven by macroeconomic headwinds and rising costs.

Absen sustained a gross profit margin of 32.21% in Q1 2026, maintaining an industry-leading position despite external volatility. While some competitors faced revenue declines or single-quarter losses due to foreign exchange fluctuations, Absen managed risks effectively despite an overseas revenue share of 76.5%. The company focused on optimizing its product portfolio through "addition for quality," leveraging high-value-added flagship products to drive margin expansion without sacrificing market share.

Financial Performance for Q1 2026

The company's strategic focus on flagship products, such as the A25 and NT V2 series, contributed to its financial resilience. In 2025, flagship products accounted for 41% of total signed orders. The Absen A25 Outdoor Advertising Series, featuring a 10-year warranty and energy-saving technology, achieved an order value of USD 139 million (RMB 1 billion) in 2025. This focus on premium pricing and Total Cost of Ownership allowed Absen to secure landmark installations across Europe, North America, and Southeast Asia.

Operational efficiency metrics for 2025 demonstrated strong capital recovery and secure operational capacity. Inventory turnover days stood at 81.16, while accounts receivable turnover days were 64.99. The cash conversion cycle was compressed to 37.10 days. These efficiencies were supported by a global network of over 5,400 certified ACE service engineers across 165 countries and regions, reducing the average repair cycle to 6.4 days.