Shanghai Awinic Technology Co Ltd

Awinic Electronics released its 2026 interim report, with net profit attributable to the parent company of 94.8724 million yuan, down 39.39% from the same period last year. Total operating revenue was 1.35 billion yuan, down 1.40% year on year. Net cash inflow from operating activities was 2.0845 million yuan, down 97.35% year on year. The latest asset-liability ratio was 41.27%, up 21.39 percentage points from the same period last year. Gross margin was 31.05%, down 5.06 percentage points year on year. Diluted earnings per share were 0.41 yuan, down 38.81% year on year.

Awinic Electronics released its 2026 interim report, showing first-half net profit attributable to the parent of 94.87 million yuan, down 39.4% year on year. Operating revenue was 1.35 billion yuan, down 1.4% year on year. Net profit attributable to the parent after deducting non-recurring items was 10.56 million yuan, down 91.4% year on year. Net operating cash flow was 2.08 million yuan, down 97.4% year on year. In the second quarter, operating revenue was 704 million yuan, down 3.5% year on year, net profit attributable to the parent was 43.82 million yuan, down 52.6% year on year, and net profit after deducting non-recurring items was a loss of 7.04 million yuan. The company said tight global memory chip supply affected shipment schedules for smartphone and other terminal manufacturers, intensifying competition in consumer and AIoT segments. The company carried out phased product structure optimization to consolidate market share, which had a certain impact on current-period revenue growth. At the same time, research and development spending increased to 282 million yuan, accounting for 20.87% of operating revenue.