Holtek Semiconductor (6202) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended June 30, 2025 was NT$1,620,977 thousand, up from NT$1,126,114 thousand year-over-year, with gross profit margin at 38% compared to 39% last year.

• Net income for the six months was NT$121,169 thousand, reversing a net loss of NT$81,037 thousand in the prior year period.

• Basic and diluted EPS for the six months were NT$0.50, compared to a loss per share of NT$0.35 year-over-year.

• The company operates mainly in the integrated circuits sector, with China as its largest market.

Financial highlights

• Operating income for the six months was NT$261,227 thousand, up from an operating loss of NT$58,334 thousand year-over-year.

• Cash and cash equivalents at June 30, 2025 were NT$687,611 thousand, down from NT$1,074,825 thousand at June 30, 2024.

• Total assets stood at NT$5,769,815 thousand, with equity attributable to shareholders at NT$3,571,859 thousand.

• Net cash flows from operating activities for the six months were NT$215,965 thousand, up from NT$185,366 thousand year-over-year.

• Significant reversal of expected credit impairment gain of NT$51,880 thousand recognized.

Outlook and guidance

• The company is evaluating the impact of IFRS 18, effective January 1, 2027, on its financial reporting.

• No specific forward-looking financial guidance was provided.