Wingtech Technology (600745) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 was ¥1.51 billion, down 94% year-over-year due to business divestitures and loss of overseas subsidiary control.

• Net loss attributable to shareholders was ¥406 million, compared to a profit of ¥474 million in H1 2025.

• Semiconductor business now the sole core segment after divesting product integration business.

• Overseas subsidiary Nexperia remains outside consolidated scope due to ongoing legal restrictions.

Financial highlights

• Operating income: ¥1.51 billion, down 94% year-over-year.

• Net loss: ¥406 million, compared to net profit of ¥474 million in H1 2025.

• Gross margin for semiconductor business: 24.38%.

• Operating cash flow: -¥154 million, compared to +¥4.26 billion in H1 2025.

• Basic and diluted EPS: -¥0.32, down from ¥0.38.

Outlook and guidance

• Company expects supply chain constraints to ease in H2 2026 as domestic wafer capacity ramps up.

• Industry demand remains robust in automotive, industrial, and AI infrastructure, but revenue recovery depends on supply-side improvements.

• Focus remains on expanding domestic supply chain and product portfolio for high-growth sectors.