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ShunSin Technology (6451) investor relations material
ShunSin Technology Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q2 2023 was NT$2,015 million, up 13% year-over-year; first half revenue was NT$3,569 million, down 5% year-over-year.
Q2 net profit was NT$75 million, reversing a net loss of NT$68 million in Q2 2022; first half net loss narrowed to NT$72 million from NT$191 million a year ago.
Gross margin for Q2 improved to 17% from 15% year-over-year.
Financial highlights
Operating income for Q2 was NT$52 million, compared to an operating loss of NT$21 million in Q2 2022.
Basic EPS for Q2 was NT$0.68, compared to a loss per share of NT$0.59 in Q2 2022.
Cash and cash equivalents at June 30, 2023, were NT$5,101 million.
Short-term borrowings increased to NT$5,823 million from NT$4,669 million at year-end 2022.
Convertible bonds outstanding decreased to NT$831 million due to conversions.
Outlook and guidance
Management expects no significant seasonality or cyclicality in operations.
New and revised IFRS standards adopted had no material impact; future changes are not expected to materially affect financials.
- Gross margin contracted and net income plunged despite stable revenue; major acquisition completed.6451
Q4 2024 - Revenue and profit fell sharply, with margin pressure and new bond issuance planned.6451
Q3 2024 - H1 2023 saw a 15% revenue drop and near-flat profit, with a key acquisition completed.6451
Q2 2024 - Q1 2024 revenue surged 114% year-over-year, but net losses deepened on margin pressure.6451
Q1 2025 - Q2 2024 saw strong revenue growth but swung to a net loss amid FX losses and higher costs.6451
Q2 2025 - Revenue up 45% to NT$7.53B, net income NT$27.5M, and NT$2.5B convertible bonds issued.6451
Q4 2025 - Q3 2024 revenue rose 25% year-over-year, with improved margins and a return to profit.6451
Q3 2025 - Q1 2024 revenue fell 21% year-over-year with a net loss of NT$154 million.6451
Q1 2026
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