Shannon Semiconductor's H1 2026 revenue reached 60.204 billion yuan, a year-on-year increase of 251.60%. Net profit surged by 2207.20% year-on-year to 3.642 billion yuan. Storage business revenue grew nearly tenfold, becoming a new engine.
Shannon Semiconductor's revenue for the first half of 2026 reached CNY 60.204 billion, a year-on-year increase of 251.60%. Net profit surged by 2207.20% year-on-year to CNY 3.642 billion, with storage business revenue growing nearly tenfold to become a new engine. The report indicates that Hypro Storage's business revenue increased by 996.19% year-on-year, with a gross profit margin of 53.51%. Its profit contribution has significantly improved, transforming from a supplementary business to a crucial engine for the company's profit growth. During the same period, the company's net cash flow from operating activities reached CNY 5.731 billion, reversing the net outflow trend from the previous year. Total assets increased to CNY 31.404 billion, up 183.34% from the beginning of the year.
Source:华尔街见闻 · Source Link
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