Unigroup Guoxin Microelectronics (002049) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached ¥3.44 billion, up 13% year-over-year, with net profit attributable to shareholders at ¥798 million, a 15.3% increase year-over-year.

• Operating cash flow rose 73.1% year-over-year to ¥827 million, reflecting strong collections and business expansion.

• The company maintained leading positions in special-purpose ICs and smart security chips, with significant advances in automotive and high-end frequency device markets.

Financial highlights

• Gross margin was 53.6%, with a slight year-over-year decrease due to product mix and pricing pressure.

• EBITDA to total debt ratio improved to 44.6%, and interest coverage increased to 26.07x.

• Basic EPS was ¥0.9495, up from ¥0.8206 year-over-year.

• Total assets at period-end were ¥19.49 billion, up 2.9% from year-end 2025.

• Net assets attributable to shareholders rose 4.3% to ¥14.33 billion.

Outlook and guidance

• The company expects continued growth in special ICs, smart security chips, and quartz frequency devices, leveraging AI, automotive, and IoT trends.

• Ongoing R&D and product innovation are prioritized to maintain competitiveness amid industry expansion.