Zhili Fang's first-half revenue grows 37.73% year on year as semiconductor equipment sees rising volumes and prices

Earnings
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Summary · why it matters

Zhili Fang disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 437 million yuan, up 37.73% year on year. Net profit attributable to the parent company was 46.35 million yuan, up 8.07% year on year. Non-GAAP net profit was 38.77 million yuan, up 15.77% year on year. The company's main businesses are semiconductor equipment and automation equipment for electronic products. First-half research and development spending was 45.77 million yuan, up 36.19% year on year, mainly focused on display and pan-semiconductor equipment such as MiniLED and Micro LED, optical communication semiconductor equipment, and IC die bonding and placement semiconductor equipment. In the semiconductor equipment segment, multiple products have broken foreign monopolies and achieved import substitution. First-half semiconductor equipment revenue was 172 million yuan, up 187.58% year on year, with gross margin up 9.84 percentage points year on year. The company has entered the supply chains of leading enterprises such as Yuanjie Technology, HiSilicon, Changguang Huaxin, and Zhongji Innolight. Going forward, it will continue to focus on the research, development, and industrialization of equipment for high-end application areas related to the AI industry chain, such as advanced semiconductor packaging.

Impact on stocks 5

Others▲ · 5 stocks

Theme Impact 2

Off-coverage companies 1

HiSilicon (Huawei Technologies)Private▲ Positive
Demandrelevance

Zhili Fang entered HiSilicon's supply chain, indicating demand for its semiconductor equipment.

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