Unigroup Guoxin Microelectronics (002049) Q3 2026 earnings summary

Executive summary

• Q3 revenue fell 23.85% YoY to ¥1.414bn and net income attributable to shareholders fell 56.63% to ¥247.6m; lower IC sales volume and weaker product mix pressured gross profit.

• 9M revenue was ¥4.858bn, down 0.95% YoY; attributable net income was ¥1.045bn, down 17.23%.

Financial highlights

• Q3 adjusted net income, excluding non-recurring items, was ¥214.5m, down 57.91% YoY; 9M adjusted net income was ¥922.0m, down 20.69%.

• 9M operating cash flow rose 142.29% YoY to ¥691.7m, with higher cash collections from the special IC business cited as the main driver.

• 9M non-recurring gains totaled ¥123.2m, including ¥66.1m of government grants.

Segment performance

• IC business sales volume declined YoY, reducing revenue; product-mix changes lowered gross margin and gross profit.

• Special IC business receivables increased, contributing to higher credit impairment losses; year-end settlement patterns typically result in higher receivable balances.