Demand for AI computing power continues to accelerate, with Sharetronic Data Technology Co.,Ltd. reporting substantial growth in both revenue and profit for the first half of 2026.

The company's financial data, released on August 13, shows total operating revenue for the first half reached 12.641 billion yuan, a year-on-year increase of 155.69%. Net profit attributable to the parent company surged to 1.863 billion yuan, up 331.11%. Non-recurring net profit also hit 1.861 billion yuan, soaring 343.42% year-on-year. The profit growth rate notably outpaced revenue, indicating strong earnings leverage as the AI computing business scales up.

Profitability metrics also improved significantly. Basic earnings per share for the first half reached 3.85 yuan, while the weighted average return on net assets rose to 34.68%, an increase of over 22 percentage points from the same period last year. The close alignment between non-recurring and recurring net profit confirms that the current growth is driven by core operations, not one-off gains.

Simultaneously, the company's asset base has expanded rapidly. Total assets at the end of the period stood at 48.109 billion yuan, growing 102.15% from the start of the year, effectively doubling in six months. Equity attributable to shareholders of the parent company increased to 6.086 billion yuan, up 38.61% year-on-year. Share capital rose to 489 million shares due to a capital reserve increase.

AI Computing Power Becomes Primary Growth Engine

Behind the stellar performance, intelligent computing products and services are becoming the most crucial growth driver for Sharetronic Data Technology Co.,Ltd.

During the reporting period, the company consistently invested in the construction, delivery, and operation of AI computing clusters. By optimizing project implementation processes, strengthening supply chain collaboration, and enhancing quality management, it improved project delivery efficiency. As large language models continue to evolve and inference demand grows, the demand for AI computing power remains robust, allowing the company's related business to scale up rapidly.

From a business model perspective, Sharetronic Data Technology Co.,Ltd. is gradually forming a business system that covers computing cluster construction, resource management and scheduling, core component coordination, and industry application expansion. The ability to deliver computing services at scale has become the key driver behind the rapid growth in revenue and profit.

Remanufacturing Business Unlocks Value, Storage Business Provides Stable Foundation

The growth in AI computing demand has also spurred market demand for servers and core components.

During the reporting period, prices for some servers and key components increased. Leveraging its capabilities in server recovery, testing, repair, remanufacturing, and component reuse, Sharetronic Data Technology Co.,Ltd. further unlocked the value of existing equipment. Against a backdrop of rising raw material and core component costs, the remanufacturing business actually benefited from the supply-demand shift, achieving rapid growth in both revenue and profit.

Unlike incremental demand for new servers, this business primarily focuses on reusing existing resources, serving as an important supplementary source of profit growth for the company.

The data storage equipment business, on the other hand, plays a more stable foundational role.

By signing long-term agreements with strategic customers and adopting a relatively stable pricing mechanism, the company reduces the impact of short-term price fluctuations on its business. This ensures stable order volumes and business scale while maintaining consistent contributions. As server storage products see increased application in AI scenarios, the synergy between the data storage business and the intelligent computing business is also strengthening, providing relatively stable support for the company's performance.

Asset Expansion Deserves Attention

Compared to the high growth in profit and revenue, changes on the balance sheet are equally noteworthy.

By the end of the period, the company's total assets reached 48.109 billion yuan, a 102.15% increase from the start of the year. This substantial asset expansion implies that items such as accounts receivable, inventory, and project investments are likely expanding in tandem with the rapid growth of the computing business.

Meanwhile, parent company shareholders' equity increased to 6.086 billion yuan. However, due to the capital reserve increase, net assets per share at the end of the period were 12.44 yuan, a slight decrease from 12.69 yuan at the start of the year.

Overall, the core change in Sharetronic Data Technology Co.,Ltd.'s first-half performance is not merely a revenue increase, but rather that profit growth has outpaced revenue growth as the AI computing business has scaled. With the computing cluster, server remanufacturing, and data storage businesses forming a synergy, the company is transitioning from a single equipment and service provider to a more complete AI computing infrastructure service system.