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Solid Earnings Reflect Shannon Semiconductor TechnologyLtd's (SZSE:300475) Strength As A Business
The slight decline in spot prices of memory chips is due to channel distributors' profit-taking sales, rather than a drastic drop in DDR5 as rumored.
①Following a decline in spot prices of memory modules at the end of March, the market price of memory modules has recently shown a downward trend again; ②Respondents indicated that this price fluctuation remains confined to the spot market and is related to the shipment activities of spot channel agents; ③In the long term, the overall shortage of DRAM is expected to gradually ease only after manufacturers release new production capacity in 2028.
Latest Q1 Earnings Disclosures: Over 920 Companies Achieve Positive Net Profit Growth, with Machinery, Pharmaceuticals, and Electronics Sectors Leading in Growth Numbers
① In terms of performance, 927 companies reported year-over-year net profit growth (including those that turned losses into profits), while 777 companies saw a decline; ② The industries with the highest number of companies showing growth were machinery and equipment (95 companies), pharmaceuticals and biotechnology (92 companies), electronics (86 companies), basic chemicals (72 companies), and computer technology (69 companies).
Shannon Semiconductor's Q1 Profit Surges 79-Fold, Revenue Up 200%; Shares Jump 6%
Shannon Semiconductor's 2025 Profit More Than Doubles; Shares Up 6%
Shannon Xinchuang (300475.SZ) released its Q1 performance, with a net profit attributable to shareholders of 1.327 billion yuan, representing an increase of 783,506%.
Shannon Xinchuang (300475.SZ) released its first-quarter report for 2026. The company's operating revenue amounted to RMB 23.765 billion, representing a year-on-year increase of 200.60%. The net profit attributable to shareholders of the listed company was RMB 1.327 billion, reflecting a year-on-year surge of 7,835.06%. The net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, was RMB 1.304 billion, marking a year-on-year increase of 8,675.26%. The basic earnings per share were RMB 2.86.
Shannon Semiconductor Technology Co.,Ltd.'s (SZSE:300475) 37% Share Price Surge Not Quite Adding Up