Zhong Zheng Wang·2025-11-06 12:52Core Insights - Huahong Company reported a record high sales revenue of $635.2 million in Q3 2025, marking a year-on-year increase of 20.7% and a quarter-on-quarter increase of 12.2%, driven by higher wafer shipments and average selling prices [1][2] - The gross margin improved to 13.5%, up 1.3 percentage points year-on-year and 2.6 percentage points quarter-on-quarter, benefiting from high capacity utilization and increased average selling prices [1] - The net profit attributable to the parent company reached $25.7 million, showing a significant quarter-on-quarter growth of 223.5%, indicating a notable improvement in operational performance [1] Business Segments - Embedded non-volatile memory sales revenue was $159.7 million, up 20.4% year-on-year, driven by increased demand for MCU products [1] - Standalone non-volatile memory sales revenue surged by 106.6% year-on-year to $60.6 million, supported by strong demand for flash products [1] - Analog and power management business sales revenue reached $164.8 million, a year-on-year increase of 32.8%, with significant contributions from other power management products [1] - Power devices, logic, and RF businesses also showed steady growth, with year-on-year increases of 3.5% and 5.3% respectively [1] Market Performance - The consumer electronics sector, as the largest market, contributed $407.5 million in sales revenue, accounting for 64.1% of total revenue, with a year-on-year growth of 23.2% [2] - Industrial and automotive products, as well as communication products, experienced year-on-year growth of 11.3% and 21.1% respectively, while computing products saw a remarkable growth of 78.3% [2] - The company anticipates Q4 sales revenue guidance in the range of $650 million to $660 million, with a gross margin guidance of 12% to 14% [2]