通过产品组合的优化与降本增效的深度落地，华虹公司各特色工艺平台均表现强劲，尤其是独立式闪存 和电源管理平台，有力地支撑了公司业绩增长与利润率上升。公司的增长逻辑与市场潜力，也获得了国 际大行的认可。高盛近期发表研究报告指出，华虹公司将直接受益于AI（人工智能）服务器及AI智能 边缘设备增长所带来的特殊技术芯片需求，进一步强化了市场对华虹在AI时代产业链中核心卡位的认 知。 展望2026年第一季度，华虹公司预计销售收入在6.5亿美元至6.6亿美元之间，毛利率预计介于13%至 15%之间。华虹公司董事会主席兼总裁白鹏表示，公司将通过创新和快速代际迭代，持续高度聚焦于打 造世界级特色工艺技术平台，并深化与国内外战略客户的合作。公司有信心在全球半导体产业变局中把 握增长机遇，力争达到股东的长期期许。 本报讯 2月12日，华虹半导体有限公司（以下简称"华虹公司"）发布了2025年第四季度未经审核的财务 业绩。在全球半导体产业深刻变革与重构的浪潮中，华虹公司展现了其在中国乃至全球特色工艺晶圆代 工领域的强劲韧性与战略定力。公司不仅实现了销售收入的历史性突破，更在产能快速扩张、折旧压力 显现的行业共性挑战下，保持了盈利能力 ...

Core Viewpoint - Hua Hong Semiconductor (01347) reported a record high sales revenue of approximately $660 million for Q4 2025, reflecting a year-on-year increase of 22.4% and a quarter-on-quarter increase of 3.9% [1] Financial Performance - Sales revenue for the full year 2025 reached approximately $2.402 billion, representing a year-on-year growth of 19.9% [1] - Gross profit for Q4 2025 was $85.464 million, a year-on-year increase of 39.1% but a quarter-on-quarter decrease of 0.5% [1] - The net profit attributable to the parent company was $17.454 million, marking a return to profitability year-on-year, but a quarter-on-quarter decrease of 32.2% [1] - The gross profit for the full year 2025 was approximately $283 million, with a year-on-year increase of 37.9% [1] - The net profit attributable to the parent company for the full year was $54.881 million, a year-on-year decrease of 5.6% [1] - Earnings per share for the full year were $0.032 [1] Operational Highlights - The average capacity utilization rate for the year was 106.1%, positioning the company at a leading level among wafer foundry enterprises [1] - The company’s performance was supported by strong demand driven by AI and related products, as well as a recovery in domestic consumer demand [1] - The company optimized its product mix and implemented cost reduction and efficiency enhancement measures, leading to strong performance across its specialty process platforms, particularly in standalone flash memory and power management platforms [1]

Group 1 - The core viewpoint of the article highlights that Huahong Semiconductor reported record sales revenue for Q4 2025, reaching approximately $660 million, with a year-on-year increase of 22.4% and a quarter-on-quarter increase of 3.9% [1] - The gross profit for Q4 2025 was $85.464 million, representing a year-on-year growth of 39.1% but a slight quarter-on-quarter decrease of 0.5% [1] - The net profit attributable to the parent company was $17.454 million, marking a return to profitability compared to the previous year, although it decreased by 32.2% quarter-on-quarter [1] Group 2 - For the full year 2025, the company achieved sales revenue of approximately $2.402 billion, reflecting a year-on-year growth of 19.9% [2] - The gross profit for the full year was approximately $283 million, with a year-on-year increase of 37.9% [2] - The net profit attributable to the parent company for the full year was $54.881 million, which is a decrease of 5.6% year-on-year, with earnings per share of $0.032 [1][2] Group 3 - The chairman and president of the company, Dr. Bai Peng, stated that the company maintained a high capacity utilization rate of 106.1% throughout the year, which is leading in the wafer foundry industry [2] - The growth in performance was supported by strong demand driven by AI and related products, as well as a recovery in domestic consumer demand [2] - The company optimized its product mix and improved cost efficiency, with strong performance in its specialty process platforms, particularly in standalone flash memory and power management platforms [2]

Core Viewpoint - Huahong Semiconductor (01347) reported record sales revenue for Q4 2025, driven by strong demand in the global semiconductor market, particularly from AI-related products and a recovery in domestic consumer demand [1] Financial Performance - Sales revenue for Q4 2025 reached approximately $660 million, representing a year-on-year increase of 22.4% and a quarter-on-quarter increase of 3.9% [1] - Gross profit was $85.464 million, showing a year-on-year growth of 39.1% but a slight quarter-on-quarter decrease of 0.5% [1] - The net profit attributable to the parent company was $17.454 million, marking a return to profitability year-on-year, although it decreased by 32.2% quarter-on-quarter [1] Annual Performance - For the full year 2025, the company achieved sales revenue of approximately $2.402 billion, a year-on-year increase of 19.9% [1] - Gross profit for the year was around $283 million, reflecting a year-on-year growth of 37.9% [1] - The net profit attributable to the parent company was $54.881 million, which represents a year-on-year decrease of 5.6% [1] - Earnings per share stood at $0.032 [1] Operational Highlights - The average capacity utilization rate for the year was 106.1%, positioning the company at the forefront of wafer foundry enterprises [1] - The company optimized its product mix and implemented cost reduction measures, leading to strong performance across its specialty process platforms, particularly in standalone flash memory and power management platforms [1]

展望2026年第一季度，公司预计销售收入在6.5亿美元至6.6亿美元之间，预计毛利率在13%至15%之 间。华虹半导体董事会主席兼总裁白鹏博士表示，公司将通过创新和快速代际迭代，持续高度聚焦于打 造世界级特色工艺技术平台，并深化与国内外战略客户的合作。公司有信心在全球半导体产业变局中把 握增长机遇，力争达到股东的长期期许。(王珞) 产能建设方面，2025年度，公司继续推进扩大产能的战略规划，无锡第二条12英寸生产线(FAB9)一阶 段产能建设超预期完成，上海12英寸制造基地(FAB5)的收购事项有序推进。 通过优化产品组合与降本增效，公司各特色工艺平台均表现强劲，尤其是独立式闪存和电源管理平台， 有力支撑了公司业绩增长与利润率上升。 2月12日晚间，华虹半导体发布了2025年第四季度未经审核的财务业绩。报告显示，公司第四季度销售 收入再创历史新高，达6.599亿美元，同比增长22.4%，环比增长3.9%；当季折合8英寸晶圆付运量达 144.8万片，同比增长19.4%；全年实现销售收入24.021亿美元，同比增长19.9%；第四季度毛利率 13.0%，同比上升1.6个百分点，全年毛利率达到11.8%。 在AI驱 ...

Core Viewpoint - Hua Hong Semiconductor achieved record sales revenue of $659.9 million in Q4 2025, marking a 22.4% year-over-year increase and a 3.9% quarter-over-quarter increase, with a gross margin of 13.0% [1] Group 1: Financial Performance - The company reported a profit of $17.5 million attributable to shareholders, a significant turnaround from a loss of $25.2 million in the same period last year and a profit of $25.7 million in the previous quarter [1] - For the full year 2025, sales revenue reached $2.4021 billion, with a gross margin of 11.8%, both showing year-over-year growth and meeting management expectations [1] Group 2: Future Guidance - For Q1 2026, the company expects sales revenue to be between $650 million and $660 million, with a projected gross margin of 13% to 15% [1] - The company plans to continue its capacity expansion strategy, with the first phase of the second 12-inch production line in Wuxi (FAB9) completed ahead of schedule and the acquisition of the Shanghai 12-inch manufacturing base (FAB5) progressing smoothly [2] Group 3: Strategic Focus - The company is optimizing its product mix and enhancing cost efficiency, with strong performance in its specialty process platforms, particularly in standalone flash memory and power management, contributing to revenue growth and margin improvement [2] - Looking ahead, the company aims to focus on innovation and rapid iteration to build world-class specialty process technology platforms and deepen collaboration with strategic customers both domestically and internationally [2]

公司董事会主席兼总裁白鹏博士对2025年第四季度及全年业绩评论道："华虹半导体2025年第四季度销 售收入再创历史新高，达6.599亿美元，单季度毛利率为13.0%，均符合指引预期。2025年全年，公司实 现销售收入24.021亿美元，毛利率为11.8%，同比均实现增长并符合管理层预期。在全球半导体市场受 AI及其相关产品需求拉动、国内消费类需求回暖的背景下，公司产能维持高位运行，全年平均产能利 用率为106.1%，处于晶圆代工企业领先水準。" 白总继续表示："通过优化产品组合及降本增效，公司各特色工艺平台均表现强劲，尤其是独立式闪存 和电源管理平台，有力支撑了公司业绩增长与利润率上升。2025年度，公司继续推进扩大产能的战略规 划，无锡第二条12英寸产线(FAB9)一阶段产能建设超预期完成，上海12英寸制造基地(FAB5)收购事项 有序推进。展望未来，公司将通过创新和快速迭代，持续高度聚焦于打造世界级特色工艺技术平台，并 深化与国内外战略客户的合作。我们有信心在全球半导体产业变局中把握增长机遇，力争达到股东的长 期期许。" 此外，预计2026年第一季度销售收入约在6.5亿美元至6.6亿美元之间，预计毛利率约 ...

白总继续表示："通过优化产品组合及降本增效，公司各特色工艺平台均表现强劲，尤其是独立式闪存 和电源管理平台，有力支撑了公司业绩增长与利润率上升。2025年度，公司继续推进扩大产能的战略规 划，无锡第二条12英寸产线(FAB9)一阶段产能建设超预期完成，上海12英寸制造基地(FAB5)收购事项 有序推进。展望未来，公司将通过创新和快速迭代，持续高度聚焦于打造世界级特色工艺技术平台，并 深化与国内外战略客户的合作。我们有信心在全球半导体产业变局中把握增长机遇，力争达到股东的长 期期许。" 此外，预计2026年第一季度销售收入约在6.5亿美元至6.6亿美元之间，预计毛利率约在13%至15%之 间。 第四季度毛利率13.0%，同比上升1.6个百分点，主要得益于平均销售价格提升及降本增效;环比下降0.5 个百分点，主要由于人工开支上升。 于2025年，实现销售收入约24.02亿美元，同比增长19.9%;毛利约2.83亿美元，同比增长37.9%;母公司拥 有人应占溢利5488.1万美元，同比减少5.6%;每股盈利0.032美元。毛利率11.8%，较上年度上升1.6个百 分点，主要得益于平均销售价格提升及降本增效，部分被折 ...