Hua Run Micro H1 Net Profit Up 113.23%, Silan Micro Up 94.84%
Hua Run Micro reported H1 2026 revenue of RMB6.128 billion, up 17.44% year-on-year, and net profit attributable to shareholders of RMB722 million, up 113.23%. Silan Micro posted revenue of RMB7.262 billion, up 14.62%, and net profit of RMB516 million, up 94.84%. Both IDM firms cited strong semiconductor demand and high capacity utilisation. Hua Run Micro's non-GAAP net profit rose 51.48% to RMB414 million, while Silan Micro's non-GAAP net profit edged up 0.67% to RMB271 million.
Hua Run Micro released its 2026 semi-annual report on the evening of August 24. In the first half, the company achieved operating revenue of RMB6.128 billion, up 17.44% year-on-year; net profit attributable to shareholders was RMB722 million, up 113.23%; non-GAAP net profit attributable to shareholders was RMB414 million, up 51.48%. The company said the growth was mainly due to the upturn in the semiconductor market, sufficient orders, and overall capacity utilisation close to full. After comprehensively considering cost changes and market competition, the company adjusted product prices accordingly, achieving significant operating results, with overall performance better than the same period in 2025.
Hua Run Micro focuses on power semiconductors, smart sensors and smart control, operating mainly under the IDM model. It is one of China's leading semiconductor companies and one of the largest domestic power semiconductor companies. The company currently has 6-inch wafer manufacturing capacity of about 230,000 wafers per month and 8-inch capacity of about 140,000 wafers per month; its stake in the Chongqing 12-inch wafer production line has capacity of about 30,000 wafers per month, while the Shenzhen 12-inch line is in the ramp-up stage. According to Yole Group and Omida, the company ranks ninth globally among power device makers and first in China; its IGBT single-tube devices rank sixth globally, and MOSFETs rank first domestically.
On the same evening, Silan Micro, also an IDM manufacturer, released its 2026 semi-annual report. In the first half, the company achieved operating revenue of RMB7.262 billion, up 14.62% year-on-year; net profit attributable to shareholders was RMB516 million, up 94.84%; non-GAAP net profit attributable to shareholders was RMB271 million, up 0.67%. Silan Micro focuses on the design, manufacturing and packaging of silicon and compound semiconductor products, and has built core competitiveness in power semiconductors, MEMS sensors, optoelectronic devices and third-generation compound semiconductors.
Silan Micro said that during the reporting period, the company continued to increase its expansion into high-barrier markets such as large white goods, automotive, new energy, industrial, communications and computing power, and overall revenue maintained a relatively fast growth momentum. At the same time, the company accelerated product structure adjustment, actively expanded output across production lines, and adopted various cost-reduction and efficiency-enhancing measures to cope with rising costs of raw materials, labour and fixed-asset depreciation. The overall gross margin of products remained basically stable compared with the 2025 average. During the same period, changes in the stock prices of Anlu Technology and Yuneng Technology held by the company, as well as valuation changes of Lianxun Instrument shares obtained through strategic placement and still in lock-up, generated a total net after-tax gain of approximately RMB194.14 million.