Hon Precision (7769) Q2 2026 earnings summary

Executive summary

• Revenue for 2026 H1 reached TWD 24,518,966 thousand, with net income of TWD 10,100,517 thousand and a net margin of 40.7%.

• Gross margin remained robust at 56%–56.15% for 2026 H1, showing stability compared to previous periods.

• Earnings per share for 2026 H1 were NTD 56.14 basic and NTD 56.08 diluted, up from NTD 31.15 and NTD 31.08 in 2025.

• Order visibility extends through the end of 2026, with significant capacity expansion plans into 2027.

Financial highlights

• 2026 H1 revenue: TWD 24,518,966 thousand; 2025: TWD 30,270,625 thousand; 2024: TWD 13,992,344 thousand.

• Cash and cash equivalents as of June 30, 2026 totaled NTD 52,690,125 thousand, up from NTD 15,598,292 thousand a year earlier.

• Total assets increased to NTD 85,358,719 thousand from NTD 32,787,552 thousand year-over-year.

• Operating profit for 2026 H1: TWD 12,046,256 thousand (49.1% margin).

• Net income for 2026 H1: TWD 10,100,517 thousand (40.7% margin).

Outlook and guidance

• Capacity planning extends to 27Q1, with a 50% expansion planned for 2027.

• DeShen plant to begin production in 27Q1 (+15% capacity); local China production (+20%) and headquarters expansion (+15%) also planned.

• Construction of the Longshan Plant was approved with a total budget of NTD 1.4 billion; NTD 780 million in contracts signed as of June 30, 2026.

• The company is not planning early adoption of IFRS 18 and related amendments, but is assessing future impacts.

• Order visibility extends to end of 2026, with strong customer demand and multiple new plant launches in US, Singapore, China, and Thailand.