Ingenic Semiconductor (300223) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥1.56 billion, up 47.12% year-over-year, driven by strong growth in memory and computing chip sales.

• Net profit attributable to shareholders surged 331.61% year-over-year to ¥319 million, with adjusted net profit (excluding non-recurring items) up 370.58%.

• All major product lines—memory, computing, and analog/interconnect chips—posted revenue growth, with memory chips up 53.63% year-over-year.

Financial highlights

• Operating cash flow for the quarter was ¥217 million, up from ¥175 million a year ago.

• Basic EPS was ¥0.6610, up from ¥0.1535 in Q1 2025.

• Gross margin improved across product lines, with memory chips at 38.89%, computing chips at 51.90%, and analog/interconnect chips at 50.88%.

• Total assets at quarter-end were ¥13.83 billion, up 1.87% from year-end 2025.

• Shareholders’ equity increased 2.14% to ¥12.72 billion.

Segment performance

• Memory chip revenue: ¥1.02 billion, up 53.63% year-over-year.

• Computing chip revenue: ¥403 million, up 49.09% year-over-year.

• Analog and interconnect chip revenue: ¥132 million, up 11.02% year-over-year.