Ho Chin Precision Turns Profitable in First Half with EPS of NT$0.32; Automotive and HDD Stamping Parts Remain Pillars

Ho Chin Precision (1586-TW), a precision stamping components manufacturer that has been under new management for a full year, achieved a turnaround from loss to profit in the first half of 2026. The company posted a net profit of NT$32.89 million in H1 2026, with earnings per share (EPS) of NT$0.32. It continues to focus on core business operations, enhancing product value-added, improving gross profit structure, and strengthening cost controls to continuously improve overall operational efficiency.

Ho Chin Precision has actively promoted revenue expansion and cost reduction initiatives. By strengthening order acquisition, optimizing product mix, improving production efficiency, reducing manufacturing costs, and strictly controlling expenses, the company has seen continuous quarter-on-quarter improvement in operational performance. Losses have gradually narrowed, and profitability was restored in the first half of 2026.

In automotive components, high-voltage switches and door lock parts for a U.S.-based electric vehicle manufacturer are being shipped as planned. The U.S. EV giant remains the company’s major customer. In hard disk drive (HDD) components, the company has successfully entered the supply chain of a leading Japanese HDD manufacturer and achieved stable mass production.

With stable and growing shipments in its two core business segments—automotive and HDD parts—Ho Chin Precision successfully turned from loss to profit in the first half of 2026, achieving an EPS of NT$0.32 and a net asset value per share of NT$19.83. The company’s stock price today remains below its book value.

Leveraging its existing expertise in precision stamping, mold-making, and metal processing, Ho Chin Precision will follow its HDD customers’ development roadmaps to advance into high-end storage HDD components. The company is also actively expanding into new product lines such as AI server chassis parts and heat spreaders, gradually broadening its product application areas and building new drivers for operational growth.