China's GCL Technology H1 revenue edges up

GCL Technology Holdings

28/08/2026 15:36

Overview
China polysilicon supplier's H1 revenue rose 0.7% yr/yr to RMB5.78 bln
Net loss attributable to owners widened yr/yr to RMB2.08 bln
Gross loss narrowed yr/yr, driven by reduced cost of sales

Outlook
Company did not provide specific financial guidance or outlook for the current or future periods in the press release

Result Drivers
POLYSILICON PRICE RECOVERY – Higher average granular-polysilicon selling prices narrowed gross loss to RMB434 mln from RMB700 mln

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 5.78 bln
 
H1 Net Loss Attributable
 
RMB 2.08 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the renewable energy equipment & services peer group is "buy"
Wall Street's median 12-month price target for GCL Technology Holdings Limited is HK$1.30, about 64.6% above its August 28 closing price of HK$0.79
The stock recently traded at 41 times the next 12-month earnings vs. a P/E of 27 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)