Several A-share companies, including Gigadevice Semiconductor Inc. (SHSE: 603986), Foxconn Industrial Internet Co., Ltd. (SHSE: 601138), Tinci Materials Technology Co., Ltd. (SZSE: 002709), and Tinci Materials Technology Co., Ltd. (SZSE: 300390), have released positive preliminary earnings reports for the first half of the year.
Gigadevice Semiconductor Inc. Forecasts First-Half Net Profit Surge of 1099%
Gigadevice Semiconductor Inc. (SHSE: 603986) announced that it expects its net profit attributable to shareholders for the first six months to be approximately 6.9 billion yuan, representing an increase of around 1099% year-on-year. Its net profit after deducting non-recurring gains and losses is projected to be about 4.85 billion yuan, a rise of roughly 791%.
The company attributed the significant performance improvement to tight supply in the memory chip industry, leading to higher volumes and prices for its memory chip products and enhanced profitability in that segment. Its microcontroller unit products also saw strong shipment growth, driven by demand from industrial, consumer, and automotive sectors. This resulted in synchronized growth in revenue scale and profit quality, driving a substantial overall increase in operating performance.
Gigadevice Semiconductor Inc. is a leading player in China's memory sector. Its share price hit the daily limit-up on the trading day of the announcement, closing at 663.49 yuan, with a total market capitalization exceeding 460 billion yuan. Over the past year, its stock price has surged more than 445%.
Foxconn Industrial Internet Co., Ltd. Expects First-Half Net Profit of 23.4-24.4 Billion Yuan
Foxconn Industrial Internet Co., Ltd. (SHSE: 601138) announced that it anticipates its first-half net profit attributable to shareholders to be in the range of 23.4 billion to 24.4 billion yuan, marking a year-on-year increase of 93% to 101%. For the second quarter alone, it expects net profit of 12.8 billion to 13.8 billion yuan, up 86% to 101%.
The company reported that revenue from AI servers for cloud service providers grew by over 230% year-on-year in the first half, with AI-related products becoming a core growth engine for its main business. Its market share with key customers has steadily increased, and the joint development of next-generation products with major clients is progressing smoothly, with mass production expected to begin gradually in the second half of the year.
Tinci Materials Technology Co., Ltd. Projects First-Half Net Profit Growth of 908%-1020%
Tinci Materials Technology Co., Ltd. (SZSE: 002709) forecasts its net profit for the first half of 2026 to be between 2.7 billion and 3.0 billion yuan, representing a year-on-year increase of 907.84% to 1019.82%.
During the reporting period, strong market demand for lithium-ion battery materials, including electrolytes and lithium hexafluorophosphate, led to significant sales growth and steady improvement in capacity utilization. Concurrently, the ongoing optimization of industry supply-demand dynamics drove product market prices higher, collectively boosting overall gross margin.
Tinci Materials Technology Co., Ltd. Anticipates First-Half Net Profit of 2.2-2.4 Billion Yuan, Turning Loss into Profit
Tinci Materials Technology Co., Ltd. (SZSE: 300390) announced that it expects a net profit attributable to shareholders of 2.20 billion to 2.40 billion yuan for the first half of 2026, marking a turnaround from a loss to a profit year-on-year.
The performance change is primarily attributed to robust downstream demand for lithium battery resources from the energy storage and power battery sectors, leading to simultaneous increases in both volume and price for the company's lithium battery materials business, thereby boosting sales revenue and profits.
Shenzhen Capchem Technology Co., Ltd. Forecasts First-Half Net Profit Growth of 100%-113%
Shenzhen Capchem Technology Co., Ltd. (SZSE: 300037) expects its first-half 2026 net profit attributable to shareholders to be between 970 million and 1.03 billion yuan, an increase of 100.48% to 112.88% year-on-year.
The performance improvement is mainly due to its battery chemicals business capitalizing on favorable conditions in the energy storage market, leading to rapid sales growth. Its electronic information chemicals business benefited from the development of downstream emerging sectors, increasing market share for core products. Its organic fluorine chemicals business continued to deliver stable performance.
TCL Electronics Holdings Limited Expects First-Half Adjusted Net Profit of 1.48-1.65 Billion HKD
TCL Electronics Holdings Limited (SEHK: 1070) announced that it expects first-half 2026 revenue to be approximately 60.3 billion to 65.7 billion Hong Kong dollars, an increase of about 10% to 20% year-on-year. Its adjusted net profit attributable to shareholders is projected to be between 1.48 billion and 1.65 billion Hong Kong dollars, representing growth of about 40% to 56% compared to the same period in 2025.
The earnings growth is primarily attributed to the company's advancement of its globalization and mid-to-high-end strategy, leading to quality growth in its global business and a marked improvement in gross profit. Its TV business maintained a global leading position with a continuously improving product mix, its internet business saw enhanced monetization capabilities, and its small-to-medium sized display business achieved improved profitability.
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