Nanya Technology (2408) investor relations material

Executive summary

• Q2 2026 revenue reached TWD 82.549 billion, up 68.2% quarter-over-quarter and 684.2% year-over-year, driven mainly by a 60% ASP increase while shipment volume remained flat sequentially.

• Net income for Q2 2026 was TWD 50.192 billion, with EPS of TWD 14.66 and gross margin at 79.5%. Book value per share increased to TWD 93.49.

• Operating income was TWD 60.826 billion, with a margin of 73.7%. Operating expenses increased due to higher employee profit sharing and R&D costs.

• Cash and equivalents at quarter-end were TWD 198.4 billion, significantly up from TWD 68.5 billion in Q1, mainly due to strong operating cash flow and a private placement.

• For H1 2026, net profit reached TWD 76.25 billion, reversing a prior-year loss, with EPS of TWD 23.38.

Financial highlights

• Q2 revenue up 68.2% quarter-over-quarter and 684.2% year-over-year, mainly from ASP growth.

• Gross profit: TWD 65.619 billion (79.5% margin); operating income: TWD 60.826 billion (73.7% margin); net income: TWD 50.192 billion (60.8% margin); EPS: TWD 14.66.

• Free cash flow for Q2: TWD 50.967 billion; ending cash balance: TWD 216.757 billion.

• Cash and cash equivalents increased to TWD 198.4 billion, reflecting strong liquidity.

• H1 2026 operating revenue was TWD 131.64 billion, up 644% year-over-year.

Outlook and guidance

• Q3 operational results expected to continue improving, with sustainability anticipated in coming quarters.

• Operating margin expected to remain high, with further improvement in Q3; Q4 outlook stable barring major market changes.

• Shipment for the full year expected to increase by high teens percentage; low inventory levels maintained.

• Management expects continued adoption of new IFRS standards with no significant impact on future financials.