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Autobio Diagnostics first-half revenue and net profit both declined; company says full-year overseas sales target of 600 million yuan faces considerable pressure
Autobio Diagnostics held its 2026 first-half results briefing on September 30, attended by four senior executives including Chairman Miao Yongjun and Vice President and Board Secretary Fang Ruikuan. In the first half of 2026, the company achieved total operating revenue of 2.058 billion yuan, down 0.12 percent year on year; net profit attributable to shareholders of 497 million yuan, down 12.94 percent; non-GAAP net profit of 493 million yuan, down 9.73 percent; and net cash flow from operating activities of 216 million yuan, down 47.38 percent. In response to an investor question about whether the overseas revenue target of 600 million yuan set at the beginning of the year can be met, the company said it has not adjusted the overseas sales target for now, and that meeting it faces considerable pressure. In the first half, overseas business revenue was 220 million yuan, up 40.13 percent year on year. For full-year 2025, overseas business revenue was 384 million yuan, up 34.96 percent, with products covering more than 120 countries and regions worldwide. The company said that as the share of sales from its own products increases, gross margin should rise. It also said the assembly line business, namely biochemistry and immunoassay, remains the most important growth driver at present, while microbiology and quality control products are growing rapidly with relatively large scale and are gradually contributing more to profit. It will take some time for tandem mass spectrometry, sequencing, and molecular businesses to make a contribution.
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603658.CG · Capital · Negative H1 2026 revenue fell 0.12% and net profit dropped 12.94% year on year, with operating cash flow down 47.38%.
603658.CG · Demand · Negative Company says the full-year overseas sales target of 600 million yuan faces considerable pressure, with H1 overseas revenue of 220 million yuan.