CFMOTO H1 2026 Revenue RMB13.386 Billion, Up 35.82%; Net Profit RMB1.065 Billion, Up 6.26%

CFMOTO held its 2026 interim results briefing on August 25. Financial data show that the company achieved operating revenue of RMB13.386 billion in the first half of 2026, up 35.82% year on year; net profit attributable to shareholders of the listed company was RMB1.065 billion, up 6.26%; and net profit attributable to shareholders excluding non-recurring gains and losses was RMB1.050 billion, up 10.44%.

The divergence between revenue and profit growth in the first half was mainly due to exchange-rate fluctuations and periodic disruptions in the overseas trade environment. Future profitability improvement is expected to come from the ramp-up of high-end models driving a richer product mix, the establishment of overseas localized production capacity to optimize supply chains and manufacturing costs, and the release of scale effects as capacity utilization increases.

By business segment, the all-terrain vehicle (ATV) business grew strongly, with export value continuing to lead the industry, and high-end models driving both volume and price increases. The fuel motorcycle business achieved a pattern of external growth and internal stability, with dual focus on mid-to-large displacement recreational motorcycles and commuter scooters, accelerating product iteration and launching multiple new models. The Jike electric two-wheeler business maintained steady growth and is currently in an investment phase for scale expansion.

The company has established a marketing model centered on its factory headquarters, developing both domestic and export sales, combining sales and service, dealer and direct sales, and online and offline channels. Global retail outlets have exceeded 9,000, covering more than 100 countries and regions. In the domestic market, it has achieved full coverage of municipalities directly under the central government and provincial capitals, and is gradually extending to county-level and lower-tier markets.

The company has deployed multiple production bases in China, Mexico, and Thailand, forming a global production pattern with multi-base coordination. The overseas bases in Mexico and Thailand are progressing smoothly in capacity ramp-up and already have the capability to produce the full product line, allowing flexible production arrangements based on orders.

The company's development strategy focuses on globalization, electrification, and intelligence. It will promote synergy between two-wheel and four-wheel businesses, implement differentiated marketing strategies and service systems tailored to regional market characteristics, expand the share of high-value-added products, and simultaneously improve the electric two-wheeler product matrix and broaden channels.