Nanya New Material Technology Co Ltd

Nanya New Material Technology released its 2026 interim report, showing first-half net profit attributable to the parent of 461 million yuan, up 428.8% year on year. Operating revenue was 4.224 billion yuan, up 83.2% year on year. Net profit attributable to the parent after deducting non-recurring items was 453 million yuan, up 457.8% year on year. Net operating cash flow was negative 23.64 million yuan. Earnings per share were 2.02 yuan. In the second quarter, operating revenue was 2.39 billion yuan, up 76.8% year on year, and net profit attributable to the parent was 311 million yuan, up 370.6% year on year. As of the end of the second quarter, total assets were 7.926 billion yuan, up 31.9% from the end of the previous year, and net assets attributable to the parent were 3.274 billion yuan, up 13.8% from the end of the previous year. The company said the earnings growth was mainly driven by the impact of AI computing power and 5G application promotion, with rising demand in the copper-clad laminate industry, significant growth in product sales volume, and continued upward price trends. Management stressed that it will continue to increase research and development investment and promote technological innovation to maintain competitive advantages.

As of July 22, 51 STAR Market companies have already previewed their first-half results, with 36 forecasting growth and 8 expecting to turn profitable, bringing the combined positive ratio to 86.27 percent. Based on the median estimated net profit growth, 29 companies saw growth exceeding 100 percent, while 6 recorded growth between 50 and 100 percent. OKE Precision Cutting Tools posted the highest estimated net profit growth, with a median increase of 50,199.61 percent, followed by Biwin Storage Technology and Yuanjie Semiconductor Technology at 3,310.87 percent and 1,250.95 percent respectively. By sector, STAR Market stocks with net profit growth above 50 percent are mainly concentrated in electronics, machinery and equipment, and pharmaceutical and biotech industries. STAR Market stocks expected to deliver high earnings growth have risen an average of 66.48 percent this year, with Yuanjie Semiconductor Technology surging 240.87 percent to top the list, followed by OKE Precision Cutting Tools and Nanya New Material Technology. In terms of capital flows, over the past five days, major net inflows were seen in Oled Material Technology, Raytron Technology, and Kaierda Welding & Cutting Robotics, while significant net outflows hit Biwin Storage Technology, Montage Technology, and Yuanjie Semiconductor Technology.

Baoding Technology disclosed its 2026 half-year earnings forecast, projecting net profit attributable to the parent company of 125 million to 145 million yuan, a year-on-year increase of 468.71% to 559.71%. Even the lower end of the range already exceeds last year's full-year level. Boosted by the news, Baoding Technology hit its daily limit one minute after the market opened, triggering a rally in PCB-related stocks including MLS, Shandong Fiberglass, and Zhongjing Electronics, which also hit their daily limits, while Tianshan Electronics, Mankun Technology, and Nanya New Material followed with gains. The company's profit growth mainly came from its subsidiary Jinbao Electronics, whose copper-clad laminate and electronic copper foil business turned from loss to profit, as well as higher volumes and prices for finished gold products from Hexi Gold Mine. At the industry level, AI computing demand is driving PCB upgrades toward high-layer-count, high-density, and high-speed designs, accelerating capacity expansion for high-end, high-frequency, high-speed PCBs.