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NATIONAL SILICON INDUSTRY GROUP (688126) investor relations material
NATIONAL SILICON INDUSTRY GROUP Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 rose 35.22% year-over-year to RMB 1.08 billion, driven by over 90% growth in 300mm semiconductor wafer sales despite price declines.
Net loss attributable to shareholders widened to RMB -483 million from RMB -209 million year-over-year, mainly due to higher fixed costs, increased R&D, and financial expenses.
R&D investment surged nearly 80% year-over-year, focusing on high-specification and SOI wafer technologies.
Financial highlights
Operating income: RMB 1.08 billion, up 35.22% year-over-year.
Net loss attributable to shareholders: RMB -483 million, compared to RMB -209 million last year.
Gross margin pressured by increased fixed costs and lower wafer prices.
Basic and diluted EPS: RMB -0.146, down from RMB -0.076 year-over-year.
Operating cash flow remained negative at RMB -166 million.
Outlook and guidance
Continued focus on expanding 300mm wafer production and advancing SOI and high-specification wafer R&D.
Ongoing investment in technology and capacity expected to maintain high R&D spending.
- Revenue up 9.7%, net loss deepens to RMB -1.51bn, major equity restructuring completed.688126
H2 202516 Apr 2026 - Revenue up 6.18% but net profit turned negative amid expansion and market headwinds.688126
H2 202415 Dec 2025 - Revenue up 8.16% with strong 300mm wafer growth, but losses persist amid higher costs.688126
H1 202512 Dec 2025 - Revenue up 6.6% but net loss deepened on weak demand and higher costs.688126
Q3 202531 Oct 2025 - Revenue up 10.6% but net loss widened as high costs and R&D spending pressured margins.688126
Q1 202510 Sep 2025 - Revenue up 11.37% in Q3, but net loss widened due to slow wafer price recovery and higher costs.688126
Q3 202413 Jun 2025 - Net loss reached RMB -388.6 million as wafer prices fell and costs rose, despite stable revenue.688126
H1 202413 Jun 2025
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