Sunny Optical Technology (group) Co., Ltd. · HKEX:2382
Sunny Optical Technology (group) — 1H 2025 Earnings Presentation
25 slides from Sunny Optical Technology (group)'s earnings presentation, August 2025
Slide 1: August 2025
August 2025
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is intended solely for your personal reference. Such information is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning Sunny Optical Technology (Group) Company Limited
Slide 3: Contents
Contents 01 Results Review 02 Business Highlights 03 Outlook 04 ESG Progress
Slide 4: Results Review
Results Review
Slide 5: Steady Revenue Growth & Significant Profit Increase
Steady Revenue Growth & Significant Profit Increase Profit for the Period Attributable Revenue Gross Profit Margin to Owners of the Company RMB mn RMB mn +4.2% +2.6ppt +52.6% 19,651.9 19.8% 1,646.1 18,860.2 17.2% 1,079.0 1H24 1H25 1H24 1H25 1H24 1H25 Steady overall revenue growth YoY driven Multiple
Slide 6: Financial Summary
Financial Summary 1H24 1H25 Change （RMB mn） Revenue 18,860.2 19,651.9 +4.2% Gross Profit 3,246.5 3,894.4 +20.0% Total Operating Expenses 2,258.0 2,410.6 +6.8% • Selling and Distribution Expenses 226.1 184.2 -18.5% • R&D Expenditure 1,468.4 1,633.6 +11.3% • Administrative Expenses 563.5 592.8 +5.2% P
Slide 7: Business Highlights
Business Highlights
Slide 8: Handset Businesses – Deepening Value Capture in a Mature Sector
Handset Businesses – Deepening Value Capture in a Mature Sector, with Noticeable Profitability Improvements Revenue from Handset Handset Lens Sets Related Businesses RMB mn • Revenue from 6 pieces and above HLS increased by over 9% YoY +1.7% • Revenue from glass-plastic hybrid 13,028.8 13,248.0 HLS
Slide 9: Handset Businesses - Building Tech Barriers, Expanding Leadership
Handset Businesses - Building Tech Barriers, Expanding Leadership, Driving Full-Year Revenue Growth Extreme Miniaturization Professional-Grade Imaging • Superior low-light photography • Ultra-thin & foldable phones • Video OIS for steady shots • Balancing aesthetics & image • Cinematic portrait vide
Slide 10: Vehicle Businesses - Accelerated ADAS Penetration Drives Core Growth Engine
Vehicle Businesses - Accelerated ADAS Penetration Drives the Acceleration of the Core Growth Engine L1-L5 Global ADAS Penetration Trend and Revenue from Vehicle Hardware Requirement Changes Related Businesses RMB mn +18.2% 3,400.4 2,877.1 1H24 1H25 level of autonomous driving • The accelerating pene
Slide 11: Vehicle Businesses - Focusing on Pain Points, Leading Tech Innovation
Vehicle Businesses - Focusing on Pain Points, Leading Tech Innovation, Achieving High Revenue Growth Rate • Higher Resolution: Sharper image details • Ultra-Low Reflection Coating: Reduces flare/ghost, enhances clarity • Adaptive Variable Aperture: Enables ultra-HDR imaging for tunnels and nighttime
Slide 12: XR Businesses - Smart Glasses Propel XR Industry into Rapid Growth
XR Businesses - Smart Glasses Propel XR Industry into Rapid Growth RMB mn +21.1% 1,201.2 992.1 Data sources ：IDC and WellsennXR 1H24 1H25 • The smart glasses market is experiencing explosive growth, with total market projected to exceed 10 million units in 2025 • Our market share of imaging modules
Slide 13: XR Businesses - Comprehensive Strategic Approach to Capitalize on Growth Momentum
XR Businesses - Comprehensive Strategic Approach to Capitalize on Growth Momentum in High-Potential Emerging Sectors Comprehensive Product Portfolio Multi-Dimensional Vertical Integration XR interaction modules & lens sets Full-device ODM services Spatial SLAM VST AI Identification ET DTOF MR displa
Slide 14: XR Businesses - Tackled Core Industry Challenges to Drive AR Breakthroughs
XR Businesses - Tackled Core Industry Challenges, Together with Resource Integration to Drive AR Breakthroughs Current Layout High-performance and lightweight full-color waveguides for AR outdoor displays FOV50+ FOV 20 >1000nits/lm >2000nits/lm <6g <3g High Performance: Silicon Lightweig
Slide 15: Pan-IoT Businesses - Technology Reuse and AI Empowerment
Pan-IoT Businesses - Technology Reuse and AI Empowerment Fuel Short-Term Gains and Long-term Potential The emerging handheld imaging devices market unlocks new profit streams Expanding from pro users to mass consumers Continuously elevating image quality for From single-camera to to drive mark
Slide 16: Pan-IoT Businesses - Technology Reuse and AI Empowerment
Pan-IoT Businesses - Technology Reuse and AI Empowerment Fuel Short-Term Gains and Long-term Potential Robotics is evolving from vision tech to whole device co-creation, unlocking new growth with massive potential Vision Whole Sensing Device Value Leap Technology Empowerment Robotic Lawn Mowers Robo
Slide 17: Outlook
Outlook
Slide 18: AI Drives Rapid Development of the Optoelectronics Industry
AI Drives Rapid Development of the Optoelectronics Industry, with Growth Benefits Unleashed Continuously （For Applications + For Manufacturing）AI XR Related For Applications Businesses Unlocking new scenarios such as low-altitude economy, humanoid intelligence and healthcare Handset Related will ush
Slide 19: For Applications: Continuously Build Growth Drivers by Deepening Optical Sensing
For Applications: Continuously Build Growth Drivers by Deepening Optical Sensing Technologies to Expand Application Scenarios Accelerate technological innovation and the expansion into new frontiers powered by AI technology, while gradually breaking the boundaries of products and industries, which h
Slide 20: For Manufacturing: Optimize Manufacturing through Small Models and Vertical Large Model
For Manufacturing：Optimize Manufacturing through Small Models and Vertical Large Model to Boost Quality and Efficiency Accelerate innovation and boost production yield rate, efficiency and agility powered by AI technology and based on optical system simulation data and production data Data Level Mod
Slide 21: Achieve Rapid Growth through Organizational Synergy and Core Capability Strengthening
Achieve Rapid Growth through Organizational Synergy, Core Capability Strengthening, and Diversified Strategies Sky - Central Organization Tree - Strategic Grouping Handset Business Vehicle Business XR Business Robotics Business Pan-IoT Business Ground - Group Platform Optical Processing Testing and
Slide 22: A More Flexible International Footprint Strengthens Our Ability to Meet Customer Demands
A More Flexible International Footprint Strengthens Our Ability to Meet Customer Demands Headquarters Production Bases Regional Platform Organizations Yuyao, Zhejiang Province Yuyao, Zhejiang Province South Korea Zhongshan, Guangdong Province Japan Xinyang, Henan Province Germany Shanghai North Amer
Slide 23: ESG Progress
ESG Progress
Slide 24: ESG Progress
ESG Progress External Rating Climate-related Disclosures Completed the identification and assessment of climate • MSCI maintained AA rating risks and opportunities, and used scenario analysis • FTSE ESG score increased from 3.5 to 4.0 models to predict the current and expected impacts on • Hang Seng
Slide 25: Investor Relations
Investor Relations @ [email protected] 📞 +86 574-6253-0875 +852 3568-7038 📍 No. 66-68 Fengle Road, Yuyao City, Zhejiang Province, China Unit 2304-5, 23/F., Henley Building, 5 Queen's Road Central, Hong Kong
Sunny Optical Technology (Group) Company — 1H 2025 Earnings Presentation on 6ix