Chicony Electronics (2385) Q2 2025 earnings summary

Executive summary

• 2Q25 revenue increased 5.2% sequentially to NT$24,494 million, with 1H25 revenue at NT$47,776 million, nearly flat YoY.

• 1H25 net profit declined to NT$3,745 million from NT$4,970,811 thousand YoY; EPS was NT$5.15, down from NT$5.82.

• July 2025 revenue was NT$8.0 billion, with YTD revenue at NT$55.8 billion, flat YoY.

• Total comprehensive loss for 1H25 was NT$1,936,000 thousand, compared to income of NT$7,545,177 thousand prior year.

Financial highlights

• 2Q25 net income was NT$2,153 million, up 35.2% QoQ but down 12.9% YoY; 1H25 net income was NT$3,745 million, down 11.5% YoY.

• Operating profit for 1H25 was NT$4,062,119 thousand, down from NT$4,836,962 thousand YoY.

• Gross margin for 1H25 was 18.1%, slightly down YoY; 2Q25 gross margin was 17.7%.

• Net cash position at 2Q25 was NT$17.5 billion; cash and cash equivalents at June 30, 2025 were NT$20,581,013 thousand, down YoY.

• Net cash from operating activities for 1H25 was NT$3,532,351 thousand, up YoY.

Outlook and guidance

• Business outlook highlights continued focus on global top-tier customers and a balanced, diversified product portfolio.

• Cash dividends of NT$5,533,340 thousand were distributed during the period.

• YTD revenue through July 2025 remained flat YoY, indicating stable but not accelerating growth.