Hung Chih Q3 EPS Hits 1.42 TWD, 2027 Revenue Growth Seen Above 20%

Connector manufacturer Hung Chih (stock code 3605) reported third-quarter earnings slightly below analyst expectations, with earnings per share of 1.42 TWD, as ASIC AI server platform transitions affected results. The company's AI-related revenue ratio rose to 26% in Q3 from 20% in the previous quarter. Analysts project Q4 revenue will decline by single digits sequentially despite traditional seasonal weakness, supported by rising AI business contributions, with 2027 revenue growth expected to exceed 20% driven by AI high-speed interconnect and Bloom Energy power cable businesses.

Hung Chih Reports Q3 EPS of 1.42 TWD Amid Platform Transition

Hung Chih's third-quarter earnings per share reached 1.42 TWD, falling slightly short of analyst forecasts. The shortfall was attributed to the transition between old and new ASIC AI server platforms. During the quarter, AI-related revenue accounted for 26% of total sales, up from 20% in the second quarter.

Q4 Revenue Projected to Decline Single Digits with AI Ratio Rising

Analysts expect Hung Chih's fourth-quarter revenue to decline by single digits sequentially as computer and consumer product segments enter seasonal slowdowns. However, the AI business ratio is projected to continue climbing. MCIO high-speed connector demand from ASIC customers is expected to recover between November and December. High-speed cable revenue is forecast to double its proportion to 6%, while power cable revenue is anticipated to stabilize at double-digit percentages.

Analysts Forecast 2027 Revenue Growth Above 20% on AI and BE Drivers

Analysts project Hung Chih's 2027 revenue will grow by more than 20%, with AI high-speed interconnect and Bloom Energy high-power cable businesses contributing over 6 billion TWD combined for the full year. Bloom Energy-related revenue alone is expected to approach 3 billion TWD. Profit growth is forecast to outpace revenue growth in 2027.

FAQ

What was Hung Chih's Q3 2026 earnings per share?
Hung Chih reported Q3 earnings per share of 1.42 TWD, slightly below analyst expectations due to ASIC AI server platform transitions.

How much is Hung Chih's revenue expected to grow in 2027?
Analysts forecast Hung Chih's 2027 revenue will grow by more than 20%, driven by AI high-speed interconnect and Bloom Energy power cable businesses contributing over 6 billion TWD combined.