Powerchip Semiconductor Manufacturing (6770) Q2 2025 earnings summary

Executive summary

• Reported a net loss of NT$4.43 billion for the first half of 2025, compared to a net loss of NT$2.40 billion in the same period last year.

• Total operating revenue for H1 2025 was NT$22.39 billion, a slight increase from NT$21.94 billion year-over-year.

• Gross loss from operations reached NT$1.56 billion in H1 2025, reversing a gross profit of NT$2.25 billion in H1 2024.

• Basic and diluted EPS were both -1.06 for H1 2025, down from -0.58 in H1 2024.

Financial highlights

• Cash and cash equivalents stood at NT$24.04 billion as of June 30, 2025, down from NT$31.07 billion a year earlier.

• Net cash from operating activities was NT$3.45 billion in H1 2025, up from NT$2.23 billion in H1 2024.

• Net cash from investing activities was NT$3.34 billion, a significant improvement from a net outflow of NT$21.56 billion in H1 2024.

• Total assets reached NT$183.23 billion at June 30, 2025, compared to NT$195.10 billion at June 30, 2024.

Outlook and guidance

• The independent auditor issued an unqualified review, indicating no material misstatements in the financials.