Xunde Maintains Strong Q3 Revenue, Full-Year Growth Reaches New High, Profit Margins Set to Rise

Xunde Machinery (6438-TW), a supplier in TSMC's (2330-TW) supply chain, achieved record second-quarter 2026 revenue of NT$1.824 billion, representing a 4.52% sequential increase and an 11.78% year-over-year growth. Additionally, driven by its mainland China subsidiary turning profitable, quarterly profits are expected to surpass the first quarter’s NT$145 million. Meanwhile, Xunde’s operational headquarters has relocated to its new Xinsheng plant, where production capacity is already at full load, further boosting 2026’s profit growth trajectory.

In Q2 2026, Xunde Machinery recorded NT$1.824 billion in revenue. Analysts estimate that average monthly revenue in Q3 2026 will exceed NT$600 million, potentially setting another new high. In Q4, semiconductor equipment shipments are expected to peak, driving stronger second-half performance compared to the first half. Full-year revenue is projected to grow 10–15% from 2025’s NT$6.467 billion, reaching a new record.

Xunde benefits from dual growth drivers: rising demand in both semiconductor and PCB equipment markets. Its high-end PCB equipment has secured major orders from leading manufacturers such as Zhen Ding-KY (4958-TW) and Jing Shuo (3189-TW). Notably, Zhen Ding-KY placed an order worth NT$1.02 billion, while Jing Shuo’s order exceeds NT$700 million.

Xunde’s first-half 2026 revenue reached NT$3.568 billion, up 11.99% year-on-year. The second half is expected to outperform the first, supported by favorable product mix improvements. Full-year revenue is estimated to grow 10–15%, with profit margins expanding at a faster pace than revenue growth.

Semiconductor-related equipment shipments will see clear growth starting in Q4, and this strong operational momentum is expected to continue into 2027.

In Q1 2026, Xunde reported revenue of NT$1.745 billion, post-tax net profit of NT$145 million, and earnings per share of NT$1.76. With improved product mix, favorable exchange rates, and recovery of overdue receivables, analysts project both revenue and profits in Q2 2026 to exceed Q1 levels.

Regarding capacity planning, Xunde’s newly built Zhongli Xinsheng plant spans 12,000 ping, and the company’s operational headquarters has moved there. The plant features cleanrooms dedicated to semiconductor equipment production. Chairman Wang Nianqing stated that the Zhongli Xinsheng plant is already operating at full capacity, and the company is actively seeking additional operational and warehouse space to meet rising demand in the second half of 2026.