SG Micro (300661) H2 2025 earnings summary

Executive summary

• Achieved revenue of ¥3.90 billion in 2025, up 16.46% year-over-year; net profit attributable to shareholders rose 9.36% to ¥547.06 million.

• Gross margin was 50.94%, with signal chain products at 58.17% and power management at 46.38%.

• R&D investment reached ¥1.05 billion, accounting for 26.81% of revenue; 900 new products launched and 141 new patents filed.

• Expanded product portfolio to 6,800+ models, with strong growth in industrial, automotive, and AI-related applications.

• Completed two major acquisitions and established new subsidiaries to enhance R&D and market reach.

Financial highlights

• Revenue: ¥3,898 million (+16.46% YoY); net profit: ¥547 million (+9.36% YoY); EPS: ¥0.8861.

• Operating cash flow: ¥466 million (-15.11% YoY); total assets: ¥6,954 million (+20.50% YoY); net assets: ¥5,294 million (+14.86% YoY).

• Gross margin: 50.94%; signal chain margin: 58.17%; power management margin: 46.38%.

• R&D expenses: ¥1,045 million (+20.03% YoY); R&D staff: 1,335 (72.75% of total employees).

• Dividend: Proposed cash dividend of ¥2 per 10 shares, totaling ¥124.1 million (22.69% payout ratio).

Outlook and guidance

• Plans to further expand R&D in high-reliability automotive chips, high-precision amplifiers, and AI/IoT applications.

• Will continue to strengthen marketing, talent acquisition, and pursue strategic M&A for growth.

• Expects continued growth in domestic and global semiconductor demand, especially in automotive, AI, and green energy sectors.