Innolux reports NT$13.852 billion net profit attributable to shareholders for first three quarters of fiscal 2026, up 5063.01% year on year

Source: IT之家 Published: 11/13/2026, 15:16:41 Product & Design 中文增长

AI summary

Innolux today released its report for the first three quarters of fiscal 2026 (January–September 2026) and the third fiscal quarter (July–September 2026): for the first three quarters, total operating revenue was NT$187.922 billion, up 10.55% year on year; gross profit was NT$27.447 billion, up 103.22%; gross margin was 14.61%, up 6.66 percentage points; and net profit attributable to shareholders was NT$13.852 billion, up 5063.01% year on year. In the third fiscal quarter, total operating revenue was NT$57.578 billion, down 0.42% year on year, while net profit attributable to shareholders was NT$7.691 billion, up 11398.92% year on year.

Translation(model translation, not the source's own text)

Innolux Reports Net Profit Attributable to Parent of NT$13.852 Billion for First Three Quarters of Fiscal 2026, Up 5063.01% YoY

IT Home, November 13 — Innolux today released its report for the first three quarters of fiscal 2026 (January 2026 – December 2026), covering the period from January 2026 to September 2026, as well as for the third fiscal quarter (July 2026 – September 2026):

First Three Quarters of Fiscal 2026

Total operating revenue: NT$187.922 billion (IT Home note: approximately RMB 38.148 billion at current exchange rates), up 10.55% YoY

Gross profit: NT$27.447 billion (approximately RMB 5.572 billion at current exchange rates), up 103.22% YoY

Gross margin: 14.61%, up 6.66 percentage points YoY

Net profit attributable to parent: NT$13.852 billion (approximately RMB 2.812 billion at current exchange rates), up 5063.01% YoY

Operating cash flow: NT$19.345 billion (approximately RMB 3.927 billion at current exchange rates), up 47.36% YoY

Basic earnings per share: NT$1.73 (approximately RMB 0.35 at current exchange rates)

Diluted earnings per share: NT$1.73 (approximately RMB 0.35 at current exchange rates)

Debt-to-asset ratio: 41.11%, up 9.31 percentage points YoY, down 0.74 percentage points QoQ

Third Fiscal Quarter of 2026

Total operating revenue: NT$57.578 billion (approximately RMB 11.688 billion at current exchange rates), down 0.42% YoY

Gross profit: NT$8.553 billion (approximately RMB 1.736 billion at current exchange rates), up 87.55% YoY

Gross margin: 14.86%, up 6.97 percentage points YoY

Net profit attributable to parent: NT$7.691 billion (approximately RMB 1.561 billion at current exchange rates), up 11398.92% YoY

Basic earnings per share: NT$0.96 (approximately RMB 0.19 at current exchange rates)

Diluted earnings per share: NT$0.96 (approximately RMB 0.19 at current exchange rates)

Debt-to-asset ratio: 41.11%

AI interpretation: Innolux's revenue and net profit attributable to parent for the first three quarters of 2026 significantly exceeded prior market expectations, with profitability improving substantially YoY. Company and highlights of this earnings report: Innolux is one of the world's mainstream display panel manufacturers, engaged in the R&D, design, manufacturing, and sale of display panels and diversified cross-domain applications, with products covering consumer electronics, automotive, commercial, industrial control, and other fields. This earnings report discloses both cumulative data for the first three quarters of 2026 and single-quarter data for the third fiscal quarter: First three fiscal quarters cumulative: operating revenue NT$187.922 billion (approximately RMB 38.148 billion at current exchange rates), operating gross profit NT$27.447 billion (approximately RMB 5.572 billion at current exchange rates), net profit attributable to parent NT$13.852 billion (approximately RMB 2.812 billion at current exchange rates), net cash flow from operating activities NT$19.345 billion (approximately RMB 3.927 billion at current exchange rates), gross margin approximately 14.61%. Third fiscal quarter single quarter: operating revenue NT$57.578 billion (approximately RMB 11.688 billion at current exchange rates), operating gross profit NT$8.553 billion (approximately RMB 1.736 billion at current exchange rates), net profit attributable to parent NT$7.691 billion (approximately RMB 1.561 billion at current exchange rates), gross margin approximately 14.86%, revenue basically flat YoY, with profit achieving leapfrog growth YoY. Asset and cash flow quality: As of September 30, 2026, the company's debt-to-asset ratio was approximately 41.11%, significantly higher than the same period last year, mainly due to debt consolidation following the acquisition of Pioneer and scale expansion; operating cash flow for the first three quarters was NT$19.345 billion (approximately RMB 3.927 billion at current exchange rates), significantly higher than net profit attributable to parent, indicating good cash content of earnings, with cash and cash equivalents at period end of approximately NT$70.772 billion (approximately RMB 14.367 billion at current exchange rates). Other important matters: Non-recurring gains and losses for the period mainly came from gains on disposal groups held for sale, contributing cumulative disposal gains of NT$13.7 billion (approximately RMB 2.781 billion at current exchange rates) in the first three quarters, an important component of profit. Regarding exchange rate sensitivity, a 1% change in exchange rates would affect pre-tax net profit for the first three quarters of 2026 by approximately an increase of NT$220,843 thousand. Subsequent credit facilities: Subsidiary CarUX signed a NT$131 billion syndicated credit facility in September-October 2026, and as of November 13 had utilized US$829,849 thousand of the facility.

AI Interpretation

Innolux's revenue and net profit attributable to parent for the first three quarters of 2026 significantly exceeded prior market expectations, with profitability improving substantially YoY.

Company and Highlights of This Earnings Report

Innolux is one of the world's mainstream display panel manufacturers, engaged in the R&D, design, manufacturing, and sale of display panels and diversified cross-domain applications, with products covering consumer electronics, automotive, commercial, industrial control, and other fields. This earnings report discloses both cumulative data for the first three quarters of 2026 and single-quarter data for the third fiscal quarter:

First three fiscal quarters cumulative: operating revenue NT$187.922 billion (approximately RMB 38.148 billion at current exchange rates), operating gross profit NT$27.447 billion (approximately RMB 5.572 billion at current exchange rates), net profit attributable to parent NT$13.852 billion (approximately RMB 2.812 billion at current exchange rates), net cash flow from operating activities NT$19.345 billion (approximately RMB 3.927 billion at current exchange rates), gross margin approximately 14.61%.

Third fiscal quarter single quarter: operating revenue NT$57.578 billion (approximately RMB 11.688 billion at current exchange rates), operating gross profit NT$8.553 billion (approximately RMB 1.736 billion at current exchange rates), net profit attributable to parent NT$7.691 billion (approximately RMB 1.561 billion at current exchange rates), gross margin approximately 14.86%, revenue basically flat YoY, with profit achieving leapfrog growth YoY.

Asset and Cash Flow Quality

As of September 30, 2026, the company's debt-to-asset ratio was approximately 41.11%, significantly higher than the same period last year, mainly due to debt consolidation following the acquisition of Pioneer and scale expansion; operating cash flow for the first three quarters was NT$19.345 billion (approximately RMB 3.927 billion at current exchange rates), significantly higher than net profit attributable to parent, indicating good cash content of earnings, with cash and cash equivalents at period end of approximately NT$70.772 billion (approximately RMB 14.367 billion at current exchange rates).

Other Important Matters

Non-recurring gains and losses for the period mainly came from gains on disposal groups held for sale, contributing cumulative disposal gains of NT$13.7 billion (approximately RMB 2.781 billion at current exchange rates) in the first three quarters, an important component of profit.

Regarding exchange rate sensitivity, a 1% change in exchange rates would affect pre-tax net profit for the first three quarters of 2026 by approximately an increase of NT$220,843 thousand.

Subsequent credit facilities: Subsidiary CarUX signed a NT$131 billion syndicated credit facility in September-October 2026, and as of November 13 had utilized US$829,849 thousand of the facility.