Maxscend Microelectronics Company (300782) investor relations material

Executive summary

• Revenue for H1 2026 reached ¥1.81 billion, up 6.20% year-over-year, driven by strong L-PAMiD module shipments and expanded product portfolio.

• Net loss attributable to shareholders was ¥370.75 million, a 151.53% decline year-over-year, mainly due to increased depreciation, cost pressures, and industry headwinds.

• The company advanced its Fab-Lite model, achieving significant progress in 6-inch and 12-inch wafer lines, and expanded into optical interconnects.

• Strategic investments in R&D and manufacturing capacity continued, with a focus on high-end RF, satellite, and optical communication markets.

Financial highlights

• Operating income: ¥1.81 billion, up 6.20% year-over-year.

• Net loss: ¥370.75 million, compared to a loss of ¥147.39 million in H1 2025.

• Gross margin: 16.39%, down 12.36 percentage points year-over-year.

• Operating cash flow: ¥45.51 million, down 82.30% year-over-year.

• Total assets: ¥18.50 billion, up 19.60% from year-end 2025.

• Net assets: ¥12.95 billion, up 31.17% from year-end 2025.

Outlook and guidance

• The company expects continued market volatility in consumer electronics, but sees growth opportunities in AI, automotive electronics, and optical communications.

• Strategic focus remains on expanding high-end product lines and leveraging the Fab-Lite model for supply chain resilience.