Senior Technology's profit doubled as separator prices recovered and it expanded into new materials
First-half profit more than doubled, Q2 surged Senior Technology's first-half 2026 net profit rose 103% to 204 million yuan on 39.7% higher revenue; second-quarter profit jumped 496% from the prior quarter. The earnings beat shows the separator business is recovering strongly, which supports a higher stock price.
The half-year results are the single biggest new fact confirming the company's turnaround.
Separator prices clearly recovered, more hikes possible Management said mainstream wet-process separator prices have clearly recovered from the end of 2025, and tight supply-demand plus customer restocking gives a basis for another round of price increases. Higher prices directly lift profit margins, pushing the stock up.
Pricing power is the core driver of future earnings and the stock's value.
Acquiring Bangci Electronics to broaden into new materials Senior Technology will pay 242 million yuan cash for 73.48% of Bangci Electronics, which makes piezoelectric ceramic parts used in semiconductor equipment and satellite laser communications. This adds a new growth line beyond battery separators, supporting the stock.
The acquisition is a new strategic move that expands the company's product range and future revenue sources.
Joining a 500 million yuan energy storage fund Senior Technology committed 151 million yuan to a 500 million yuan venture fund investing across the new energy storage chain. The move ties it closer to storage projects and potential customers, a modest positive for long-term demand, though the near-term earnings effect is small.
It shows the company investing in its end market, which can support future separator demand.