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Edge20 Feb 2026
Dollar General: The Rural Retailer Playbook
How Dollar General built a small-box empire across rural America, scaling value and convenience into one of retail's most durable business models.
ACM Research (Shanghai)
ACM Research (Shanghai) (688082) investor relations material
ACM Research (Shanghai) Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary27 Feb, 2026
Executive summary
Achieved revenue of RMB 6.79 billion in 2025, up 20.80% year-over-year; net profit attributable to shareholders reached RMB 1.40 billion, up 21.05% year-over-year.
Maintained strong growth in core semiconductor equipment segments, with significant expansion in R&D and product lines.
Enhanced market position domestically and internationally, with a 23% domestic and 8% global market share in cleaning equipment.
Board approved a cash dividend of RMB 6.233 per 10 shares, totaling RMB 299 million, representing 21.42% of net profit.
Financial highlights
Revenue: RMB 6.79 billion, up 20.80% year-over-year; net profit: RMB 1.40 billion, up 21.05%.
Gross margin for main business: 47.48%, slightly down 0.66 percentage points year-over-year.
R&D investment: RMB 1.25 billion, up 49.64%, accounting for 18.49% of revenue.
Operating cash flow: RMB 239 million, down 80.36% due to increased inventory and receivables.
Total assets: RMB 18.89 billion, up 55.79%; net assets: RMB 13.47 billion, up 75.71%.
Basic EPS: RMB 3.10; diluted EPS: RMB 3.07.
Outlook and guidance
Expects continued growth driven by strong domestic demand and ongoing product innovation.
Will increase R&D investment, focus on high-end equipment, and expand international market share.
Plans to further optimize talent structure and enhance supply chain resilience.
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Next ACM Research (Shanghai) earnings date
Q1 202627 Apr, 2026
ACM Research (Shanghai)
Next ACM Research (Shanghai) earnings date
Q1 202627 Apr, 2026
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