China Resources Microelectronics (688396) H1 2025 earnings summary

Executive summary

• Achieved revenue of ¥5.22 billion for H1 2025, up 9.62% year-over-year; net profit attributable to shareholders was ¥338.80 million, up 20.85% year-over-year.

• Semiconductor market showed moderate recovery; company maintained high capacity utilization and implemented cost reduction and efficiency measures.

• Proposed interim cash dividend of ¥0.26 per 10 shares, totaling ¥34.52 million, representing 10.19% of net profit.

Financial highlights

• Operating income: ¥5.22 billion, up 9.62% year-over-year.

• Net profit attributable to shareholders: ¥338.80 million, up 20.85% year-over-year.

• Operating cash flow: ¥713 million, up 8.89% year-over-year.

• Basic and diluted EPS: ¥0.2556, up 20.51% year-over-year.

• Gross margin and profitability improved due to higher output and cost control.

Outlook and guidance

• Global semiconductor market expected to maintain double-digit growth in 2025, though at a slower pace than 2024.

• Company will continue to focus on power semiconductors, intelligent sensors, and control, with emphasis on AI, automotive, and industrial applications.

• R&D and product innovation remain strategic priorities.