CXMT forecasts CNY 132.5 billion profit: CXMT Corporation stock fell

Published on 10/20/2026 at 03:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The January-September 2026 forecast reverses a CNY 5.28 billion loss. For CXMT Corporation stock, revenue is projected at CNY 265 billion to CNY 270 billion.

Forecast, buyback and reporting date

CXMT expects first-nine-month net profit of CNY 131 billion to CNY 132.5 billion in 2026.
The chairman proposed a CNY 1 billion to CNY 2 billion share buyback on October 16, 2026.
CXMT is scheduled to publish third-quarter 2026 results on October 31, 2026.

CXMT Corporation, CNE100007WP2, Illustration mit AI erstellt.

CXMT Corporation (ISIN CNE100007WP2) forecast net profit attributable to shareholders of CNY 131 billion to CNY 132.5 billion for the first nine months of 2026, while its stock fell 7.80 percent in Shanghai. CNBC reported the forecast and the market reaction on October 19, 2026.

Profit forecast reverses prior loss

The projected nine-month profit would reverse a net loss of CNY 5.28 billion in the comparable period of 2025. Revenue is expected to reach CNY 265 billion to CNY 270 billion, compared with CNY 32.08 billion a year earlier, according to Investing.com.

The company attributed the improvement to stronger demand for artificial intelligence computing, tighter dynamic random-access memory supply and higher memory prices. CXMT also cited higher capacity utilization, improved manufacturing yields and continued research and development investment.

What changes before October 31?

The preliminary figures still leave the final quarterly composition to be reported. CXMT is scheduled to publish its third-quarter 2026 results on October 31, 2026, according to MarketScreener. That report will show whether the projected revenue range translated into quarterly profitability and how quickly earnings growth progressed during the period.

Buyback adds a shareholder-return angle

On October 16, 2026, CXMT Chairman Zhu Yiming proposed a share buyback of CNY 1 billion to CNY 2 billion, with the shares intended for employee incentives or a reduction in registered capital. The proposal accompanied the earnings forecast and gives investors a second figure to track alongside the operating outlook.

Shanghai listing keeps the test local

CXMT's business is concentrated in DRAM design, research and development, manufacturing and sales for mobile devices, computers, tablets, servers and other applications, according to the company's website. The company identifies its listing as SSE:688825, so the October 31 report will be the next dated test of the forecast for the Shanghai-listed semiconductor manufacturer.

Next report sets the reference point

The October 31, 2026 results date is the immediate reference point for the forecast. The gap between the projected CNY 265 billion to CNY 270 billion revenue range and the CNY 32.08 billion year-earlier figure explains why the market reaction has centered on expectations as well as the headline profit swing.