Hua Hong Semiconductor Ltd. Class A · SSE:688347
Hua Hong Semiconductor Ltd. Class A — Q4 2025 Earnings Presentation
16 slides from Hua Hong Semiconductor Ltd. Class A's earnings presentation, Feb 12, 2026
Slide 1: Hua Hong Semiconductor Limited 4Q 2025 Results
Hua Hong Semiconductor Limited 4Q 2025 Results
Slide 2: 4Q 2025 Key Financials
4Q 2025 Key Financials • Revenue reached another all-time high of US$659.9 million, 22.4% over 4Q 2024 and 3.9% above 3Q 2025. • Gross margin was 13.0%, 1.6 percentage points over 4Q 2024 and 0.5 percentage point dip from 3Q 2025. • Net profit attributable to shareholders of the parent company was U
Slide 3: 4Q 2025 Income Statement
4Q 2025 Income Statement 4Q 2025 4Q 2025 4Q 2024 3Q 2025 (US$ ’000) (Unaudited) (Guidance) (Unaudited) (Unaudited) YoY QoQ Revenue 659,882 650,000 ~660,000 539,177 635,180 22.4 % 3.9 % Gross profit 85,464 61,426 85,854 39.1 % (0.5)% Gross margin 13.0 % 12%~14% 11.4 % 13.5 % 1.6 (0.5) Operating expen
Slide 4: 4Q 2025 Cash Flows
4Q 2025 Cash Flows 4Q 2025 4Q 2024 3Q 2025 (US$ ’000) (Unaudited) (Unaudited) (Unaudited) Cash and cash equivalents, beginning of period 3,904,733 5,766,749 3,846,900 Net cash generated from operating activities 246,026 348,783 184,150 CapEx (633,483) (1,546,384) (261,894) Other net cash generated f
Slide 5: 4Q 2025 Balance Sheet
4Q 2025 Balance Sheet 31-Dec-25 30-Sep-25 (US$ ’000) (Unaudited) (Unaudited) Cash and cash equivalents 4,960,960 3,904,733 Restricted and time deposits 32,342 31,993 Trade and notes receivables 282,053 257,067 Inventories 544,368 526,840 Other current assets 786,974 739,674 Total Current Assets 6,60
Slide 6: Capacity, Utilization and Shipment
Capacity, Utilization and Shipment 108.3% 109.5% 120% (K 8” equivalent wafers) 500 103.2% 102.7% 103.8% Monthly Capacity 100% 400 Capacity Utilization % 80% 300 60% 468 486 447 200 391 413 40% 100 20% 0 0% 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 Capacity Capacity Utilization K wafers 4Q 2024 1Q 2025
Slide 7: Revenue by Wafer Size
Revenue by Wafer Size 53.2% 57.3% 59.0% 59.3% 61.7% 46.8% 42.7% 41.0% 40.7% 38.3% 4Q 2024 1Q 2025 2Q 2025 3Q 20265 4Q 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) 8'' wafers 12'' wafers 4Q 2025 (Unaudited) 4Q 2024 (Unaudited) YoY Change US$ million % US$ million % US$ million % 8
Slide 8: Revenue by Geography
Revenue by Geography 2.6% 2.8% 2.6% 2.9% 2.9% 4.8% 5.0% 5.0% 4.8% 4.3% 8.9% 10.4% 9.4% 10.0% 11.0% 83.7% 81.8% 83.0% 82.3% 81.8% 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) China North America Asia Europe 4Q 2025 (Unaudited) 4Q 2024 (Unaudited)
Slide 9: Revenue by Technology Platform
Revenue by Technology Platform 22.9% 25.6% 28.6% 25.9% 26.3% 12.5% 12.3% 12.8% 12.2% 12.1% 30.7% 30.1% 26.7% 25.6% 29.5% 8.5% 9.5% 8.6% 7.9% 4.9% 25.4% 24.1% 24.9% 25.1% 27.3% 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Embedded NVM Standalone
Slide 10: Revenue by Technology Node
Revenue by Technology Node 23.9% 23.0% 22.2% 27.1% 28.3% 19.7% 23.8% 25.7% 22.7% 24.8% 13.0% 10.0% 5.8% 11.3% 11.5% 5.5% 5.1% 10.6% 0.5% 0.7% 5.7% 5.1% 0.2% 0.5% 0.3% 37.1% 37.0% 35.5% 32.5% 30.9% 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) ≥0.
Slide 11: Revenue by End Market Distribution
Revenue by End Market Distribution 1.1% 1.4% 1.4% 1.6% 1.5% 12.0% 12.1% 12.7% 12.6% 12.6% 23.0% 22.2% 22.8% 21.7% 22.2% 63.9% 64.3% 63.1% 64.1% 63.7% 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Consumer Electronics Industrial & Automotive Commu
Slide 12: 2025 Financial Highlights
2025 Financial Highlights 2025 2024 (US$ ’000) (Unaudited) (Audited) YoY Revenue 2,402,064 2,003,993 19.9 % Gross margin 11.8% 10.2% 1.6 Operating expenses (425,625) (360,904) 17.9 % Loss before tax (88,529) (133,792) (33.8)% Loss for the year (110,813) (140,385) (21.1)% Net profit attributable to t
Slide 13: 2025 Revenue by Technology Platform
2025 Revenue by Technology Platform Growth rate by technology platform (YoY) 44.2% 41.4% Standalone NVM 7.8% Embedded NVM 25.4% Analog & PM 16.2% 26.6% 7.0% 9.1% Power discrete Logic & RF 27.8% 12.4% Logic & RF Standalone NVM Power discrete Embedded NVM Analog & PM HHGrace Proprietary 13
Slide 14: 1Q 2026 Guidance
1Q 2026 Guidance • We expect revenue to be approximately US$650 million to US$660 million. • We expect gross margin to be in the range of 13% to 15%. HHGrace Proprietary 14
Slide 15: Contact: huahonggrace.com, ir@hhgrace.com
http://www.huahonggrace.com ir@hhgrace.com HHGrace Proprietary 15
Slide 16: Thank You
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Hua Hong Semiconductor — Q4 2025 Earnings Presentation on 6ix