Tongdao Liepin Group · HKEX:6100
Tongdao Liepin — Q2 2026 Earnings Presentation
9 slides from Tongdao Liepin's earnings presentation, Aug 23, 2026
Slide 1: Management Presentation
STRICTLY CONFIDENTIAL Liepin Management Presentation Aug 21, 2026
Slide 2: 2026H1 Highlights
2026H1 Highlights Continued macro improvement; headhunter industry recovering Revenue and net profit attributable to owners turned to growth Pronounced structural recruitment opportunities across industries New job postings and cash billings grew for four consecutive quarters AI product matrix spann
Slide 3: Key operational metrics
Key operational metrics Individual Users Business Users Headhunters 9.6% (y-o-y) 5.4% (y-o-y) 6.0% (y-o-y) 122.1 M 1.5M 231.3K Registered individual users Verified business users Verified headhunters as of June 2026 as of June 2026 as of June 2026 1.7% (y-o-y) 6.0% (y-o-y) 10.6% (y-o-y) 46.8K 6.2M 7
Slide 4: Financial Profile
Financial Profile (RMB ‘000) 2026H1 2025H1 2026H1 vs 2025H1 Revenue 989,283 937,247 5.6% - Business Customers 819,735 768,215 6.7% - Individual Customers 169,084 168,788 0.2% - Rental Income 464 244 90.2% Gross Profit 781,339 727,618 7.4% % margin 79.0% 77.6% 1.4pct Research and Development Expenses
Slide 5: 2026H1 Revenue Performance
2026H1 Revenue Performance Total Revenue Revenue Structure (RMB million) (% of total revenue) Y-O-Y 5.6% 169 0.2% 17.1% 169 18.0% 768 820 6.7% 82.0% 82.9% 2025H1 2026H1 2025H1 2026H1 Business Customer Individual Customer Business Customer Individual Customer
Slide 6: 2026H1 Profit Performance
2026H1 Profit Performance Non-GAAP1 Profit from Operations Net Profit (RMB million) （Non-GAAP OP Margin%) (RMB million) (Margin%) 13.7% 13.3% 11.0% 9.7% 124.7 135.7 102.8 95.7 2025H1 2026H1 2025H1 2026H1 Note: 1 Non-GAAP results are calculated by deducting share-based compensation and amortization o
Slide 7: 2026H1 Profit Performance
2026H1 Profit Performance Net Profit attributable to equity shareholders of the Company Non-GAAP Net Profit attributable to equity shareholders of the Company (RMB million) (Margin %) (RMB million) (Non-GAAP Margin %) 11.1% 10.3% 8.9% 8.6% 109.9 88.0 96.8 80.3 2025H1 2026H1 2025H1 2026H1 11 Note: 1
Slide 8: 2026H1 Expense Structure
26.0 % 2026H1 Expense Structure 24.0 % 400 .0 400 .0 22.0 % Research and Development Expenses Sales and Marketing Expenses General and Administrative Expenses 20.0 % (RMB million) As % of revenue (RMB million) As % of revenue (RMB million) As % of revenue 18.0 % 44.9% 46.7% 50 % 16.0 % 14.5% 40 % 13
Slide 9: Thanks
L i e p i n Thanks