DingZing Reports Strong 2Q26 Financial Results; EPS at NT$2.95
DingZing Advanced Materials Inc. (TWSE: 6585) today announced its financial results for the second quarter and first half of 2026.
Second-quarter revenue increased 27.8% quarter over quarter and 54.5% year over year to NT$930 million. Net income was NT$212 million, and earnings per share were NT$2.95.
Second Quarter 2026 Financial Highlights
• Revenue increased 27.8% sequentially and 54.5% year over year to NT$930 million.
• Gross margin improved to 39.3%, compared with 34.7% in the first quarter of 2026.
• Operating margin increased to 28.6%, compared with 20.5% in the previous quarter.
• Net margin improved to 22.8%, up 4.4 percentage points sequentially and 21.9 percentage points year over year.
• Net income increased 57.9% sequentially to NT$212 million.
• Earnings per share were NT$2.95.
First Half 2026 Financial Highlights
• Revenue increased 13.8% year over year to NT$1.657 billion.
• Gross margin improved to 37.3%.
• Operating margin increased to 25%.
• Net income increased 79.3% year over year to NT$347 million.
• Earnings per share reached NT$4.81, representing the second-highest first-half result in the Company's history.
Business Update
• Medical
Revenue from medical applications increased nearly 40% year over year during the first half of 2026, supported by resilient customer demand and continued expansion of customized medical materials.
• Electronics
Revenue more than doubled from the prior-year period as customer demand increased during new-product launch cycles.
• Automotive
Automotive revenue declined modestly from the prior year due to a higher comparison base created by customer inventory build-ahead associated with tariff uncertainty. Shipment momentum is expected to normalize during the third quarter.
• Industrial Applications
Building materials and other industrial applications continued to contribute to revenue growth and supported a more favorable product mix.
Outlook:
• Management remains cautiously optimistic regarding business performance for the second half of 2026.
• Medical applications to continue delivering stable growth.
• Automotive shipments to improve as customer ordering patterns normalize.
• Electronics and industrial applications to remain important growth contributors.
• Higher-value-added products to continue supporting profitability.
• Management remains cautiously constructive on 2026, supported by ongoing product development and diversified end-market exposure.
• DingZing continues to closely monitor fluctuations in crude oil prices and raw material costs.
• The Company continues to manage raw material cost volatility through disciplined procurement and timely pricing actions. Management expects the impact to remain manageable during the second half of 2026.