Shanghai Phichem Material Co Ltd Class A

Phichem released its 2026 interim report on August 26. Leveraging the coordinated efforts of its three core segments—semiconductor, display, and UV-curable materials—the company achieved steady growth during the reporting period. Operating revenue reached 1.722 billion yuan, up 17.79 percent year on year. Net profit attributable to the parent company was 267 million yuan, up 23.20 percent. Non-GAAP net profit was 260 million yuan, up 47.19 percent, with the non-GAAP net margin rising to 15.08 percent. Display materials remained the largest revenue source at 824 million yuan, up 16.82 percent, with gross margin up 8.59 percentage points to 46.85 percent. Semiconductor materials revenue was 358 million yuan, up 8.17 percent, with solder ball revenue in the mainland China market up about 125 percent year on year. UV-curable materials revenue was 399 million yuan, up 29.84 percent. The company said the growth was driven mainly by advanced packaging demand from AI computing infrastructure and a recovery in the optical fiber and cable industry. Going forward, it will focus on customer certification progress and mass production scale for advanced semiconductor packaging materials.

Phichem released its 2026 interim report. Total operating revenue was 1.722 billion yuan, net profit attributable to the parent company was 267 million yuan, and net cash inflow from operating activities was 478 million yuan. The company's latest asset-liability ratio was 24.92%, gross margin was 40.74%, return on equity was 5.10%, and diluted earnings per share was 0.47 yuan. Total asset turnover was 0.24 times, and inventory turnover was 1.45 times, ranking 21st among disclosed peer companies. The number of shareholder accounts was 131,200, and the top ten shareholders held 172 million shares, accounting for 30.18% of total share capital.

Phichem released its 2026 half-year report, showing first-half net profit attributable to the parent of 267 million yuan, up 23.2% year on year. Operating revenue was 1.722 billion yuan, up 17.8% year on year. Net profit attributable to the parent after deducting non-recurring items was 260 million yuan, up 47.2% year on year. Net operating cash flow was 478 million yuan, up 101.8% year on year. Earnings per share were 0.47 yuan. In the second quarter, operating revenue was 850 million yuan, up 11.6% year on year, and net profit attributable to the parent was 136 million yuan, up 40.0% year on year. As of the end of the second quarter, total assets were 7.172 billion yuan, up 2.3% from the end of the previous year, and net assets attributable to the parent were 5.234 billion yuan, up 6.6% from the end of the previous year. The company said its main business structure remained stable, and it continued to focus on research and development of high-tech materials, especially in key semiconductor materials. Sales of wet electronic chemicals, EMC epoxy molding compounds, and solder balls grew, and its controlling subsidiary Kunshan Xingkai made notable achievements in the localization of packaging materials.