TCL Technology Reports Dramatic 188.8% Net Profit Growth in 2025 Driven by Display Systems

TCL Technology Reports Significant Profit Growth

TCL Technology Group Corporation has announced a remarkable 188.8% year-on-year increase in net profit for the year 2025, reaching an impressive RMB 4.52 billion (approximately USD 643 million). This substantial growth has been largely attributed to the robust performance in its display business segment, TCL CSOT, which has emerged as a leader in the global advanced display market.

Key Financial Performance for 2025

The company reported full-year operating revenues of RMB 184.06 billion (USD 26.19 billion), representing an 11.7% year-on-year increase. Notably, net cash flow from operating activities experienced a drastic increase of 49.1%, amounting to RMB 44.02 billion (USD 6.26 billion). In recognition of this financial success, TCL's board of directors proposed a cash dividend of RMB 0.90 (USD 0.13) for every 10 shares, with a payout ratio exceeding 40%. This proposal also aligns with the company's three-year plan to distribute at least 30% of its net profit to shareholders annually from 2026 to 2028.

The Display Business as a Growth Engine

TCL CSOT has solidified its standing as a top-tier global manufacturer of advanced display panels, providing the company with a significant competitive edge. In 2025, TCL CSOT reported operating revenue of RMB 105.24 billion (USD 14.97 billion), marking a 17.4% increase from the previous year, and net profit increased by 44.4% to RMB 8.01 billion (USD 1.14 billion).

The subsidiary has maintained a leading position in the large-sized displays category, securing first place in global market share for panels measuring 98 inches or larger, and ranking second overall in TV panel shipments worldwide. TCL also noted noteworthy growth in the small- and medium-sized display segments. In terms of shipments, monitor panels saw a rise of 17%, distinguishing TCL as the second best globally. Additionally, developments in gaming monitors have ensured that TCL retains the number one position worldwide, while laptop panel shipments surged by an impressive 64%. Mobile phone panel shipments increased by 29%, elevating the company's global market share to third.

Moreover, TCL has invested significantly in expanding its domestic production capacity and enhancing technical capabilities. Recently, the company finalized the acquisition of LG Display's Guangzhou LCD facility, allowing for rapid mass production of monitor products. Furthermore, TCL broke ground on the world’s first 8.6-Generation IJP OLED production line in Guangzhou, steering the company toward next-generation display technology commercialization.

Commitment to Sustainability and Efficiency

In 2025, TCL also optimized its new-energy photovoltaics business, with operating revenue reaching RMB 22.73 billion (USD 3.23 billion). Within this segment, the cells and modules division generated revenues of RMB 9.32 billion (USD 1.33 billion), indicating a robust growth of 60.5% year-on-year as the company fast tracks its mild integration strategy.

TCL Technology has prioritized operational excellence, particularly through the integration of artificial intelligence in its display segment. TCL CSOT launched the “X-Intelligence 3.0,” which is the first large domain-specific AI model for the display industry, capable of advanced reasoning. This innovation has notably improved product development efficiency by 30% and enhanced issue analysis efficiency by 20%.