TUYA-W(02391.HK): 2026 Q1 Report - Profit Attributable to Shareholders stood at USD 15.78 million, YoY increase of 43.2%

NewTimeSpace News, May 12, 2026, TUYA-W(02391.HK) released its Q1 Report for the period ended December 31, 2026, Total Revenue stood at USD 80.88 million, increased by 8.29% YoY; Net Profit stood at USD 15.78 million, YoY increase of 43.2%; Profit Attributable to Shareholders stood at USD 15.78 million, YoY increase of 43.2%; Basic Earnings Per Share (EPS) stood at US cents 3.
In terms of profitability, TUYA-W Gross Profit changed from USD 36.25 million in the same period last year to USD 37.9 million in the current period, increased by USD 1.65 million; net profit changed from USD 11.02 million in the same period last year to USD 15.78 million in the current period, increased by USD 4.76 million; net profit margin changed from 14.75% in the same period last year to 19.5% in the current period, increased by 4.75 percentage points.
In terms of earnings quality, TUYA-W Operating Profit changed from loss of USD 1.45 million in the same period last year to USD 7.47 million in the current period, increased by USD 8.92 million; Net Cash Flow from Operating Activities changed from cash inflow of USD 9.35 million in the same period last year to cash inflow of USD 6.4 million in the current period, decreased by USD 2.95 million.
In terms of financial soundness, TUYA-W Debt-to-Asset Ratio changed from 11.48% in the same period last year to 13.47% in the current period, increased by 2 percentage points; Total Equity changed from USD 990.017 million in the same period last year to USD 1.006 billion in the current period, increased by USD 15.81 million; Cash and Cash Equivalents changed from USD 763.953 million in the same period last year to USD 912.704 million in the current period, increased by USD 148.75 million; Current Liabilities changed from USD 126.09 million in the same period last year to USD 149.53 million in the current period, increased by USD 23.44 million; Quick Ratio changed from 7.07 in the same period last year to 6.65 in the current period, decreased by 0.42 percentage points.
In terms of R&D investment focus, TUYA-W R&D Expenses changed from USD 22.81 million in the same period last year to USD 21.97 million in the current period, decreased by USD 838 thousand; R&D to Total Revenue Ratio changed from 30.54% in the same period last year to 27.17% in the current period, decreased by 3.37 percentage points.
By the close of trading on May 11, 2026, TUYA-W(02391) saw a gain of 1.98% in its share price, closing at HKD 18.53. The full-day turnover stood at HKD 269.5 thousand, with the latest market capitalization at HKD 11.36 billion.

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