Jiangsu Yoke Technology (002409) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached ¥4.51 billion, up 5.12% year-over-year; net profit attributable to shareholders was ¥561 million, up 7.29% year-over-year.

• Growth driven by electronic materials, especially semiconductor chemicals and photolithography products, and robust LNG insulation panel business.

• R&D investment increased 23.1% year-over-year, focusing on semiconductor precursors, photolithography, and advanced materials.

• Cash dividend of ¥3.5 per 10 shares proposed, totaling ¥166.57 million.

Financial highlights

• Operating income: ¥4.51 billion, up 5.12% year-over-year.

• Net profit attributable to shareholders: ¥561 million, up 7.29% year-over-year.

• Gross margin for electronic materials: 30.08%; for chemical materials: 22.66%.

• Operating cash flow: ¥255 million, down 12.13% year-over-year due to increased prepayments.

• Basic and diluted EPS: ¥1.1786, up 7.29% year-over-year.

Outlook and guidance

• Strong order backlog in LNG insulation panels; continued growth expected in semiconductor and display materials.

• Ongoing expansion in R&D and production capacity, especially in semiconductor chemicals and advanced packaging materials.

• Management remains cautious due to global macroeconomic and industry cycle uncertainties.