Tongfu Microelectronics (002156) H2 2025 earnings summary

Executive summary

• Achieved record revenue and net profit in 2025, with both metrics reaching historical highs year-over-year, driven by strong demand in AI, high-performance computing, and automotive electronics.

• Maintained a leading position among the global top 10 outsourced semiconductor assembly and test (OSAT) companies.

• Successfully navigated industry volatility, supply chain challenges, and competitive pressures through operational efficiency and strategic investments.

Financial highlights

• Revenue reached ¥27.92 billion, up 16.92% year-over-year.

• Net profit attributable to shareholders was ¥1.22 billion, up 79.86% year-over-year.

• Operating cash flow was ¥6.97 billion, up 79.66% year-over-year.

• Basic and diluted EPS were both ¥0.80, up 77.78% year-over-year.

• Gross margin for core business was 14.40%.

• Total assets at year-end were ¥47.27 billion, up 20.15% from the previous year.

Outlook and guidance

• 2026 revenue target set at ¥32.3 billion, a 15.68% increase over 2025.

• Plans to invest ¥9.1 billion in facilities, equipment, IT, and R&D in 2026.

• Focus on advanced packaging, international expansion, and M&A to drive growth.