联想集团Q2业绩:现金流造血能力强劲 财务健康边际牢固
智通财经网·2025-11-20 07:05

Core Viewpoint - Lenovo Group reported a record high revenue of 146.4 billion RMB for the second fiscal quarter of 2025/26, marking a 15% year-on-year increase, with adjusted net profit rising by 25% to 3.66 billion RMB [1] Financial Performance - Revenue for the second fiscal quarter reached 146.4 billion RMB, a 15% increase compared to the previous year [1] - Adjusted net profit grew by 25% to 3.66 billion RMB [1] - Operating cash flow reached 2.8 billion USD, supported by revenue growth and improved inventory management [1] - Free cash flow increased to 1.9 billion USD, providing strong support for growth across all business groups [1] - Adjusted net financial costs decreased by 27% after excluding nominal interest on convertible bonds, indicating effective cost-saving measures [1] Research and Development - R&D expenditure increased by 8% year-on-year, driving the development of a hybrid artificial intelligence strategy [1] - Lenovo continues to invest in its artificial intelligence development blueprint, capitalizing on opportunities presented by hybrid AI [1] Product Launches - At the "Lenovo Innovation World 2025" event, the company launched a full suite of AI-driven devices and related experiences across consumer, commercial, and mobile sectors [1] - The new product lineup includes high-performance personal computers, smart tablets, immersive gaming devices, and Motorola smartphones, reflecting the company's vision of "AI for All" [1]