NARI Technology reports 28.79 percent order growth and NARI Technology stock trades at CNY 22.80
Published on 10/12/2026 at 09:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- NARI Technology reported CNY 45.63 billion of new contracts in the first half of 2026, up 28.79 percent year over year.
- First-half revenue increased 14.54 percent to CNY 27.77 billion, while net profit rose 4.08 percent to CNY 3.07 billion.
- NARI Technology stock was last at CNY 22.80 on October 12, 2026, with a 52-week range of CNY 21.26 to CNY 32.06.
NARI Technology reported new contracts of CNY 45.63 billion in the first half of 2026, up 28.79 percent year over year, while its stock was last at CNY 22.80 on October 12, 2026. The order figure contrasts with slower profit growth and places execution, margins and cash conversion at the center of the investment case.
Three figures from September
On September 24, 2026, Futu reported that first-half revenue reached CNY 27.77 billion, up 14.54 percent year over year. The same report put net profit attributable to shareholders at CNY 3.07 billion, up 4.08 percent, and adjusted net profit excluding non-recurring items at CNY 2.93 billion, up 4.31 percent.
The chronology is clear. On September 24, 2026, revenue growth reached 14.54 percent. On September 24, 2026, net profit growth was 4.08 percent. On September 24, 2026, new contracts reached CNY 45.63 billion, up 28.79 percent, making the order book the strongest forward-looking figure in the half-year report.
What does order growth mean for profit?
Gawin Research said on October 3, 2026, that the first-half gross margin was 25.34 percent, down 1.11 percentage points year over year. The analysis linked the gap between revenue and profit to lower-margin energy storage, foreign-exchange losses and credit impairments, while also highlighting CNY 5.89 billion of overseas revenue, up 196.61 percent.
That combination creates a measurable tension for the next reporting periods. New contracts grew 28.79 percent, but net profit grew only 4.08 percent, so converting orders into higher-margin revenue is more important than order volume alone. Operating cash flow also fell 78.95 percent in the first half, according to the same analysis, adding a cash-conversion test to the growth story.
Stock stays below its yearly high
NARI Technology is listed on the Shanghai Stock Exchange under ticker 600406, according to FuW. Its 52-week range was CNY 21.26 to CNY 32.06, while market capitalization stood at CNY 183.1 billion on October 12, 2026. The current price therefore remains above the yearly low and below the yearly high, leaving reported margin performance and order conversion as the main measurable variables.
At Shanghai Stock Exchange, NARI Technology was last at CNY 22.80 on October 12, 2026 at 3:00 p.m. CST. The further course of trading is shown by the continuously updated real-time quote of NARI Technology stock.
NARI Technology stock at a glance
- Company: NARI Technology Co., Ltd.
- ISIN: CNE000001G38
- Ticker: 600406
- Primary exchange: Shanghai Stock Exchange
- Price: CNY 22.80, last at October 12, 2026 at 3:00 p.m. CST
- Market capitalization: CNY 183.1 billion as of October 12, 2026
- 52-week range: CNY 21.26-CNY 32.06
- Sector / Industry: Industrials / Machinery and equipment
Market context: Market report Shanghai Composite.

