Shenzhen Longsys Electronics (301308) Q4 2025 earnings summary

Executive summary

• Achieved revenue of ¥9.91 billion in Q1 2026, up 132.79% year-over-year, with net profit attributable to shareholders at ¥3.86 billion, a 2,644.05% increase year-over-year.

• Benefited from strong global semiconductor storage demand driven by AI, securing key supply chain resources and launching innovative storage products.

• Flagship UFS4.1 storage products reached mass shipment; custom AI storage supplied to major North American automotive and wearable tech firms.

Financial highlights

• Operating income: ¥9.91 billion, up 132.79% year-over-year.

• Net profit attributable to shareholders: ¥3.86 billion, up 2,644.05% year-over-year.

• Net profit excluding non-recurring items: ¥3.94 billion, up 2,051.40% year-over-year.

• Total assets: ¥35.95 billion, up 58.00% from year-end 2025.

• Net cash flow from operating activities: -¥2.87 billion, down from ¥153 million in Q1 2025.

Outlook and guidance

• Anticipates continued growth in AI-driven storage demand and further expansion of innovative product lines, including mSSD and ePOP4x.

• Expects mSSD to begin large-scale replacement of traditional SSDs in 2026.