Sina Finance reports Hongxin Yu's 2026 profit surge tied to storage price cycle
Briefing by News4U · First published
Sina Finance reports that Hongxin Yu, a fabless storage product maker, recorded 8.01 billion yuan revenue and 3.84 billion yuan net profit for the first four months of 2026, with a 47.9 percent net margin, after management stockpiled wafers ahead of an AI-driven price rally; the company holds a 0.6 percent global market share and ranks twelfth, its inventory reached 10.89 billion yuan with 356-day turnover, and operating cash flow showed a 2.69 billion yuan outflow leaving 630 million yuan cash on hand. [1]
Sources
- 宏芯宇港股IPO：依托上行周期 2026年前四个月录得净利润38.4亿元 高企存货与现金流背离 存储红利能否持续
Sina Finance · · Full text