According to the Dongwu Securities Research Report, Anke Innovation deducted +71% of non-net profit in Q2, and is looking forward to the performance of large energy storage strategies and smart new products. 2026H1 net profit to mother was RMB 1,702 million, +45.9% YoY; 2026Q2 net profit to mother was RMB 1,230 million, +83.3% YoY. The return of tariffs is a core reason why profits grew faster than revenue in 2026Q2. The company increased R&D, and sales and management expense ratios showed operating leverage. The company is the world's leading consumer electronics overseas brand. Considering that the high-end of the company's brand is progressing smoothly, the company's 2026-2028 net profit forecast was adjusted from 33.06/41.17/4.921 billion yuan to 32.67/43.19/ 5.136 billion yuan, +28%/+19% year-on-year. The corresponding PE was 23/17/15 times when closing on September 1, maintaining the “buy” rating.

According to the Dongwu Securities Research Report, Anke Innovation deducted +71% of non-net profit in Q2, and is looking forward to the performance of large energy storage strategies and smart new products. 2026H1 net profit to mother was RMB 1,702 million, +45.9% YoY; 2026Q2 net profit to mother was RMB 1,230 million, +83.3% YoY. The return of tariffs is a core reason why profits grew faster than revenue in 2026Q2. The company increased R&D, and sales and management expense ratios showed operating leverage. The company is the world's leading consumer electronics overseas brand. Considering the high-end of the company's brand, Q3 may have a potential fair value loss, and adjusted the company's net profit forecast for 2026-2028 from 33.06/41.17/4.921 billion yuan to 32.67/43.19/ 5.136 billion yuan, +28%/+19% YoY. The corresponding PE was 23/17/15 times higher at the close of September 1, maintaining the “buy” rating.