中小尺寸面板厂凌巨科技公布Q4营收

Core Viewpoint - The company, Lingju, reported a decline in revenue for December 2025, with a total revenue of 7.08 billion New Taiwan Dollars (approximately 156 million RMB), reflecting a month-over-month decrease of 1.81% and a year-over-year decrease of 10.62% [1]. Financial Performance - In Q4 2025, Lingju's revenue reached 21.28 billion New Taiwan Dollars (approximately 470 million RMB), showing a quarter-over-quarter decrease of 2.77% and a year-over-year decrease of 11.5% [1]. - The total revenue for the year 2025 was 85.96 billion New Taiwan Dollars (approximately 1.897 billion RMB), marking a year-over-year decline of 1.96% [1]. - In November 2025, the pre-tax net profit was 57 million New Taiwan Dollars (approximately 13 million RMB), with the same amount reported as post-tax profit [1]. Operational Insights - The first three quarters of 2025 were impacted by weak market demand, international tax issues, unfavorable product mix, and high costs [4]. - However, the operational performance in Q4 is expected to improve due to stable demand in industrial control and automotive sectors, along with an increase in the proportion of high-margin products [4]. - Although the company anticipates an overall loss for the year, the extent of the loss may narrow, indicating a positive adjustment in operational health [4]. Future Outlook - For 2026, Lingju expects only a moderate recovery in the market, focusing on industrial control and automotive sectors as the main growth drivers [4]. - The automotive demand is projected to remain stable, with applications such as rearview mirrors expected to contribute to growth [4]. - The company acknowledges that the recovery in consumer products remains uncertain and volatile, thus not prioritizing it for short-term growth [4]. - Key areas for development include medical applications and niche markets for small-sized panels, with two new medical products expected to start mass production in 2026 [5]. - Lingju plans to leverage its core panel technology to explore opportunities in backplane applications and advance low-power, reflective, and semi-transmissive technologies [5].