Chunghwa Precision Test Tech (6510) Q1 2026 earnings summary

Executive summary

• Net revenue for 1Q26 reached NT$1,357 million, up 18% year-over-year and 13% sequentially from 4Q25.

• Gross margin improved to 57%, a 3 percentage point increase year-over-year.

• EPS rose to NT$10.43 basic and NT$10.32 diluted, up NT$3.68 year-over-year.

• Net income attributable to shareholders was NT$342 million, up from NT$221 million in 1Q25.

• Net income rose to $338,881 thousand, a 55.5% increase from $217,904 thousand year-over-year.

Financial highlights

• Operating margin increased to 29% in 1Q26, up from 22% in 1Q25.

• Free cash flow for 1Q26 was NT$309 million, down from NT$561 million in 1Q25.

• Ending cash and current financial assets reached NT$7,236 million, a NT$2,835 million increase quarter-over-quarter.

• Total assets reached $13,231,617 thousand as of March 31, 2026, up from $9,411,673 thousand a year earlier.

• Net cash generated from operating activities was $378,312 thousand, compared to $582,333 thousand in Q1 2025.

Outlook and guidance

• Worldwide HPC market sales projected to grow at a 30.5% YoY rate, reaching US$757 billion by 2031.

• Processor segment expected to drive significant market expansion.

• Management expects continued growth, supported by strong demand in semiconductor testing and PCB production.

• No significant impact anticipated from new or amended IFRS standards.