Sunny Optical Technology (Group) Company Limited (2382) Earnings Call Transcripts

Sunny Optical Technology (Group) Company Limited's Latest Earnings Call - March 31, 2026

In the first quarter of 2026, Sunny Optical Technology (2382:HK) reported a revenue of RMB 43.23 million, reflecting a year-on-year increase of 12.9%. The net profit attributable to shareholders surged by 71.9%, driven by strong performance in the handset and vehicle segments. Management expressed confidence in achieving high-quality growth in 2026, despite a challenging external environment, and provided optimistic guidance for revenue growth across key product lines, including a projected 150% increase in revenue from plastic high-end lenses.

Reported metrics

Guidance from management

Management expects revenue from plastic high-end lenses to grow by over 150% in 2026, with overall revenue and operating profit projected to grow by no less than 7%. They expressed confidence in achieving growth in the handset sector despite market challenges.

What management said

Well, I can give you an answer now. There are many big manufacturers. If you ask them, not even they can tell you the answer. So I think that it will be quite fast. It is not true that we did not know about it in the past in the past, the input output is not satisfactory. Now everybody is developing in this direction. And the big companies are striving to promote this direction. So we think that there will be many op...

Well, I did not mention the North American customers and Korean customers, definitely, it is a big customer overseas. And there is some certainty in the growth. You cannot say more because otherwise, if I give too much details, I will be fined.

What analysts pressed on

Analysts expressed concerns regarding the declining XR revenue and the potential impact of external market pressures on the handset business. There were questions about the sustainability of growth in the vehicle segment and the effectiveness of the premiumization strategy in a contracting market.

Main topics on the call

• Revenue Growth in Handset Business — The handset business achieved an 8.6% year-on-year growth, driven by a premiumization strategy that increased average selling prices (ASP) by over 10%. Management stated, "We are confident that our handset business achie...
• Vehicle Business Expansion — The vehicle optics segment saw a 21.3% year-on-year revenue increase, attributed to the mass production of advanced optical products. Management noted, "Vehicle optics have become a core necessity for smart cars driven b...
• Challenges in XR Business — The XR business faced a revenue decline due to weak demand in the VR sector, although AR smart glasses revenue grew by 8%. Management acknowledged the pressure, stating, "The XR side continued to face pressure, with full...
• Cost Management Success — The overall expense ratio improved to 11.6%, down 0.8 percentage points compared to 2024, indicating effective cost control. Management highlighted, "Selling and distribution expenses fell by 2.9% year-on-year, demonstra...

Read the full Sunny Optical Technology (Group) Company Limited transcript (March 31, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 14 Sunny Optical Technology (Group) Company Limited earnings call transcripts on record, spanning March 18, 2021 to June 24, 2026. Based on this history, Sunny Optical Technology (Group) Company Limited reports semi-annually. The most recent call on file is dated June 24, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

2382

Exchange

SEHK

Country

HK

Sector

Information Technology

Industry

Electronic Equipment, Instruments and Components

Calls on record

14

First call

March 18, 2021

Most recent

June 24, 2026

Reporting cadence

semi-annually