Gold Circuit Electronics (2368) Q1 2026 earnings summary

Executive summary

• Q1 2026 operating revenue reached NT$19.31 billion, up 60% year-over-year, with net income of NT$3.48 billion, a 99% increase compared to Q1 2025.

• EPS for Q1 2026 was NT$6.87, up from NT$3.60 in Q1 2025.

• Gross margin improved to 35% from 31% year-over-year.

• Strong cash position with NT$22.36 billion in cash and equivalents at quarter-end.

• Cash flow from operations was NT$5.06 billion, up from NT$276 million year-over-year.

Financial highlights

• Sales revenue rose to NT$19.31 billion from NT$12.06 billion year-over-year.

• Net profit before tax increased to NT$5.09 billion from NT$2.65 billion year-over-year.

• Operating income more than doubled to NT$5.19 billion in Q1 2026.

• Operating profit margin rose to 27% from 21% year-over-year.

• Total assets reached NT$84.38 billion, up from NT$48.61 billion a year ago.

Outlook and guidance

• Projections and estimates are subject to risks and uncertainties; actual results may differ significantly.

• Board approved a cash dividend of NT$10 per share for 2025, pending AGM approval.

• Company continues to assess the impact of new IFRS standards effective in 2027 and 2028.