Sigurd Microelectronics (6257) Q4 2025 earnings summary

Executive summary

• FY2025 revenue rose to NT$19,587,196 thousand from NT$18,218,144 thousand; operating profit increased to NT$3,967,552 thousand from NT$3,074,024 thousand.

• Net income reached NT$3,330,373 thousand versus NT$3,170,737 thousand; total comprehensive income was NT$4,586,644 thousand, including a substantial fair-value gain in OCI.

Financial highlights

• Gross profit was NT$5,723,293 thousand, with gross margin of 29% versus 26%; operating expenses were NT$1,755,741 thousand versus NT$1,681,886 thousand.

• Profit before tax was NT$3,893,336 thousand versus NT$3,907,643 thousand; income tax expense fell to NT$562,963 thousand from NT$736,906 thousand.

• Operating cash flow was NT$6,416,402 thousand versus NT$7,137,528 thousand; year-end cash and cash equivalents rose to NT$12,718,818 thousand from NT$11,249,315 thousand.

Outlook and guidance

• Board-approved 2025 earnings distribution: cash dividends of NT$1,306,563 thousand, or NT$2.70 per share; a further NT$725,868 thousand capital-surplus cash distribution, or NT$1.50 per share, was proposed.

• Contracted but unincurred capital expenditure for property, plant and equipment was NT$6,039,500 thousand at year-end 2025, versus NT$3,645,030 thousand a year earlier.

• A February 2026 agreement with Unimicron Technology Corp. covers land and buildings for an expected NT$1,540,000 thousand, including tax.