Tcl Electronics Holdings Limited · HKEX:1070
Tcl Electronics — Q1 2026 Earnings Presentation
17 slides from Tcl Electronics's earnings presentation, May 13, 2026
Slide 1: Results for First Quarter 2026
TCL电子控股有限公司 TCL ELECTRONICS HOLDINGS LIMITED Stock code: 01070.HK Incorporated in the Cayman Islands with Limited Liability Results for First Quarter 2026 TCL Electronics Holdings Limited丨Q1 2026 Results
Slide 2: Contents
Contents 01 02 03 Overall Segment Outlook Highlights Performance Reporting currency : HK$ TCL Electronics Holdings Limited丨Q1 2026 Results 2
Slide 3: Overall Highlights
01 Overall Highlights TCL Electronics Holdings Limited丨Q1 2026 Results 3
Slide 4: Financial Highlights of Q1 2026
Overall Highlights丨Financial Highlights of Q1 2026 （01070.HK） Unit: billion Revenue Gross Profit Expense Ratio1 +15.3% +27.6% -0.7 p.p. 29.23 13.2% 25.35 4.72 12.5% 3.70 5.1% 4.7% 8.1% 7.8% Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Selling and distribution expenses Administrative expenses Net
Slide 5: Major Strategic Milestone in Q1 2026: Sony Joint Venture
Overall Highlights丨Major Strategic Milestone in Q1 2026 （01070.HK） × TCL Electronics and Sony Corporation Form a Joint Venture to Build a New Ecosystem for the Global Home Entertainment Industry Key Terms of the Transaction Ownership Business Consideration Brand Transitional Timeline Structure Scope
Slide 6: Segment Performance
02 Segment Performance TCL Electronics Holdings Limited丨Q1 2026 Results 6
Slide 7: Financial Data of Q1 2026 by Business Segment
Segment Performance 丨 Financial Data of Q1 2026 （01070.HK） 丨Revenue Breakdown by Business Segment 丨Gross Profit Breakdown by Business Segment Internet Internet Business Business 2.6% 10.2% Innovative Business 30.6% 29.23 4.72 Innovative Business billion 19.5% billion Display Business Display 66.8% B
Slide 8: Segment Performance: Display Business
Segment Performance丨Display Business （01070.HK） Improved Product Mix Drove Growth in Both Revenue Scale and Gross Profit Margin Gross Profit Margin +3.0 p.p. Revenue Gross Profit Margin by Segment 17.5% 14.5% Large-Sized Display Smart Commercial Display Small-and-Medium-Sized 0.28 billion Display +2
Slide 9: Large-Sized Display Business (TCL TV Business)
Segment Performance丨Large-Sized Display Business （TCL TV Business） （01070.HK） Global Expansion Improvement in Product Mix PRC Premiumisation and large-Screen Adoption Market Proportion of Asia Pacific / 27.6% Shipment of Mini LED TV Shipment of ≥ 65”TV overseas Latin America / Revenue Middle East ma
Slide 10: Large-Sized Display: International Market
Segment Performance丨Large-Sized Display（TCL TV Business）丨International Market （01070.HK） Business Performance Product Mix Segment Performance Unit: billion Focus on Mid-to-High-End Segment， Revenue Mini LED TV Proportion 丨North American Market Revenue +32.2% YoY + 8.2 p.p. +23.2% 12.11 14.2% ASP Shi
Slide 11: Large-Sized Display: PRC Market
Segment Performance丨Large-Sized Display Business（TCL TV Business）丨PRC Market （01070.HK） Performance Market Share Unit: billion Revenue Gross Profit Margin +3.9% +1.9 p.p. Retail Volume Retail Volume Retail Revenue Retail Revenue 4.43 4.60 20.1% Ranking Market Share Ranking Market Share 18.2% 24.0% 2
Slide 12: Internet Business (TV Content Operations)
Segment Performance丨Internet Business（Business related to TV Content Operations） （01070.HK） Unit: billion Revenue Proportion of Gross Profit 0.65 0.74 Overseas Revenue Margin +13.2% Over 50% 65.0% Drove +10.6 p.p YoY + more than 20 p.p. Maintaining high YoY profitability Q1 2025 Q1 2026 Overseas Mar
Slide 13: Innovative Business: Business Breakdown & PV Business
Segment Performance丨Innovative Business丨 Business Breakdown & PV Business （01070.HK） Innovative Business： Photovoltaic Business: Maintaining domestic asset-light Stable Revenue Growth operations while accelerating expansion in key Unit: billion European markets +8.1% Domestic Market Distributed Ener
Slide 14: Innovative Business: RayNeo Smart Glasses New Products
Segment Performance 丨 Innovative Business 丨 RayNeo Smart Glasses New Products (March 2026) （01070.HK） The world's first HDR10 display glasses Sales Volume Ranking of Air 4 Pro (Batman Co- The world's first AR image-quality chip Consumer AR/AI Glasses branded Edition) Brands in China1 B&O co-tuned au
Slide 15: Outlook
03 Outlook TCL Electronics Holdings Limited丨Q1 2026 Results 15
Slide 16: Future Plan: Strategy & Objectives
Future Plan丨Strategy & Objectives （01070.HK） Operating Philosophy Strategy Guidance, Innovation Drive, Advancing Manufacturing, Global Operation Leverage momentum in premium displays to maintain industry Large-Sized Display leadership, expand high-end share, and explore AI-driven innovation FY2024
Slide 17: THANKS!
THANKS！ TCL Electronics Official Website: http://electronics.tcl.com TCL Electronics Investor Relations Email: [email protected] TCL Electronics Investor Relations Official WeChat Account: Disclaimer The information contained herein should not be utilised for any legal purposes with regards to any inves
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