Semitronix Corp. A

Hangzhou Semitronix Electronics Co., Ltd. disclosed its 2026 semi-annual report. In the first half of the year, it achieved operating revenue of 341 million yuan, up 38.68% year on year. Net profit attributable to shareholders of the listed company was 34.7773 million yuan, up 121.73% year on year. Non-GAAP net profit attributable to the parent company was 5.0347 million yuan, a sharp increase of 572.41% year on year, turning from loss to profit. The earnings growth was mainly driven by the coordinated volume expansion of its EDA software and semiconductor testing equipment businesses, as well as rapid delivery of its order backlog. As of the end of the reporting period, the company's order backlog reached 955 million yuan, up 92.50% year on year. Cumulative shipments of testing equipment reached 96 units, up 104.26% year on year, including 93 units of WAT and WLR equipment and 3 units of WLBI wafer-level burn-in testing equipment. In the first half of the year, net cash flow from operating activities reached 105 million yuan, surging 848.56% year on year. The company invested 170 million yuan in research and development, with 656 R&D personnel accounting for 80.20% of total staff, and has obtained 299 authorized patents at home and abroad. The company cautioned that revenue is subject to seasonal fluctuation risks. From 2023 to 2025, second-half revenue accounted for 73.33%, 68.59%, and 66.54% of the full year respectively, with the fourth quarter being the peak period for revenue recognition.

Semitronix released its 2026 interim report, with first-half net profit attributable to the parent up 121.7% year on year to 34.78 million yuan. Operating revenue was 341 million yuan, up 38.7% year on year. Net profit attributable to the parent excluding non-recurring items swung to a profit of 5.03 million yuan from a loss of 1.07 million yuan in the same period last year. Net operating cash flow was 105 million yuan, up 848.6% year on year. Earnings per share were 0.1736 yuan. In the second quarter, operating revenue was 236 million yuan, up 31.3% year on year, and net profit attributable to the parent was 45.49 million yuan, up 54.7% year on year. As of the end of the second quarter, total assets were 3.706 billion yuan, down 0.4% from the end of the previous year, and net assets attributable to the parent were 3.141 billion yuan, down 1.4%. The company said the semiconductor industry is developing rapidly, with AI and high-performance computing driving demand growth in the integrated circuit market. The company has competitive advantages in yield improvement and electrical testing, and continues to expand its market share in EDA software, PDA software, and wafer-level electrical testing equipment.