Ingenic Semiconductor (300223) Q3 2025 earnings summary

Executive summary

• Revenue for the first nine months reached ¥3,436.5 million, up 7.35% year-over-year, driven by growth in embedded MPU, AIOT, and storage chip sales, despite increased competition and margin pressure in smart security products.

• Net profit attributable to shareholders was ¥244.3 million, down 19.75% year-over-year, mainly due to lower gross margins from currency fluctuations and increased costs.

• The company is advancing its global strategy, having applied for an H-share listing on the Hong Kong Stock Exchange to accelerate overseas business and enhance international competitiveness.

Financial highlights

• Q3 revenue: ¥1,187.4 million, up 8.50% compared to the same quarter last year.

• Q3 net profit attributable to shareholders: ¥41.2 million, down 61.48% year-over-year.

• Operating cash flow for the first nine months: ¥498.9 million, up 142.03% year-over-year.

• Basic EPS for the first nine months: ¥0.5069, down 19.81% year-over-year.

• Total assets at period end: ¥13,529.7 million, up 4.66% from the previous year-end.

Outlook and guidance

• Demand for embedded MPU and AIOT chips remains strong, with storage and analog/interconnect chips showing continued growth as automotive and industrial markets recover.

• The company expects ongoing margin pressure due to currency fluctuations and competitive dynamics in certain segments.