#China #Shanghai #financial report #JCET Group #IC Manufacturing

JCET Group Unveils 2025 Annual Report with Record Revenue Growth

Introduction
On April 9, 2026, JCET Group (SSE: 600584), one of the world’s foremost providers of integrated circuit (IC) back-end manufacturing and technology services, released its annual report for 2025. This report reveals a remarkable achievement with a record-high full-year revenue, marking a significant milestone in the company’s growth trajectory.

Record Revenue and Profit Before Tax
In 2025, JCET reported a staggering revenue of RMB 38.87 billion, representing an 8.1% increase compared to the prior year. In parallel, the profit before tax rose to RMB 1.74 billion, up 5.4% year-on-year. The net profit attributable to shareholders reached RMB 1.57 billion, further showcasing the financial strength of the company during this period.

Quarterly Performance Highlights
Notably, the fourth quarter of 2025 saw revenues reaching RMB 10.2 billion, reflecting a quarter-on-quarter increase of 1.4%. In terms of net profit attributable to shareholders for Q4, JCET recorded RMB 610 million, which marks an impressive 26.6% rise from the previous quarter. This steady growth underscores JCET’s robust operational approach and its commitment to sustaining growth in a competitive market.

Operational Strategies and Future Outlook
Throughout 2025, JCET adopted a consistent and proactive operational strategy, which contributed to this year’s record-high revenue. The company maintained efficient operations across its domestic and international facilities. The high capacity utilization rate particularly in advanced packaging, including wafer-level packaging, was pivotal. Advanced packaging revenue soared to RMB 27 billion, reaching new heights as JCET escalated its investments in high-end technologies.

However, the company did face some cost pressures due to fluctuations in raw material prices. JCET managed to mitigate these challenges by enhancing its product offerings and scaling high-value businesses, resulting in a quarter-on-quarter profitability improvement.

Looking ahead, JCET plans to continue evaluating market demands critically, while investing in frontier technologies and crucial capacity enhancements aimed at strengthening its mid- to long-term competitiveness.

Expansion in High-Growth Segments
In 2025, JCET significantly boosted its presence in sectors exhibiting high growth potential. This includes areas like high-performance computing, automotive electronics, power management, and storage. The introduction and mass production of innovative products, such as co-packaged optics, vertical power delivery modules, and intelligent driving systems were also key highlights. Revenue generated from computing electronics, industrial electronics, and automotive segments saw remarkable increases of 42.6%, 40.6%, and 31.7%, respectively.

Moreover, JCET successfully completed the production line setup at its Automotive division in Shanghai, catering to automotive-grade applications. Meanwhile, the company accelerated the ramp-up of capacity at its Jiangyin facility to meet soaring demands for advanced intelligent applications.

Research and Development Investments
In terms of research and development, JCET achieved significant breakthroughs in critical advanced packaging technologies, with R&D expenses rising to RMB 2.09 billion—an increase of 21.4% year-on-year. The commitment to heightened R&D investment focuses on high-density multi-dimensional heterogeneous integration and advanced bonding and interconnect technologies. Additionally, JCET aims to foster an open and collaborative environment within the advanced packaging ecosystem by hosting events like the Advanced Packaging Developers Conference in Singapore.

CEO's Vision
Mr. Li Zheng, CEO of JCET Group, stated, “Despite a changing demand landscape and cost fluctuations, our focus on application-led improvements in advanced packaging has yielded positive results. In 2026, we will seize growth opportunities in sectors like high-performance computing, while enhancing our operational efficiency in high-end capacities to ensure our long-term success.”

Conclusion
JCET Group’s 2025 annual report is a testament to its resilience and adaptability in the dynamic market of integrated circuit manufacturing. By continuing to innovate and expand its technological capabilities, JCET is well-positioned for sustained success and leadership in the industry.

For more details, you can refer to the official JCET FY2025 Report.