Hon Precision (7769) Q4 2025 earnings summary

Executive summary

• Achieved significant revenue and net income growth in 2025, with revenue up 116.3% to NT$30.27 billion and net income up 134% to NT$12.36 billion, driven by capacity expansion, advanced product offerings, and strong demand in AI and semiconductor testing equipment.

• EPS increased to NT$75.71 from NT$32.95, with gross profit and margin also reaching record highs.

• Focused on high-end test handler solutions, system-level IC test, and active thermal control technologies.

• Strengthened ESG initiatives, including renewable energy adoption, governance enhancements, and social responsibility programs.

• Major capital increases and a successful Taiwan Stock Exchange listing in late 2025.

Financial highlights

• Revenue reached NT$30.27 billion in 2025, up 116.3% year-over-year.

• Gross profit rose to NT$17.114 billion, with gross margin improving to 56.54%–57%.

• Net income surged to NT$12.36 billion, with EPS at NT$75.71 and net margin at 40.84%.

• Cash and cash equivalents increased to NT$53.43 billion at year-end 2025.

• Cash dividends proposed at NT$55 per share for 2025, up from NT$22.5 in 2024.

Outlook and guidance

• 2026 capacity expansion plan includes a 50% increase in workforce, 25% more floor space, and 40% higher procurement.

• Continued focus on high-growth segments such as AI, HPC, automotive, and communication.

• Board proposed a 2025 earnings distribution plan with a significant increase in cash dividends and capital surplus distribution, pending shareholder approval.

• IFRS 18 and other new standards to be adopted in 2028, with no material impact expected.