Shunhong's Q1 EPS Reaches Record NT$12.61, Earns Over One Capital Stock for 3 Consecutive Quarters
Thermal solution provider Shunhong recorded a record EPS of NT$12.61 in Q1 due to strong demand for liquid cooling in AI data centers. However, its stock price fell today amid rumors of NVIDIA's new platform design changes.
📋 Article Processing Timeline
- 📰 Published: May 6, 2026 at 20:09
- 🔍 Collected: May 6, 2026 at 20:31 (22 min after Published)
- 🤖 AI Analyzed: May 6, 2026 at 20:35 (3 min after Collected)
Central News Agency (CNA) Taipei, May 6 (CNA) -- Thermal solution provider Shunhong today announced its first-quarter financial report. Its revenue was NT$8.551 billion, a quarter-on-quarter increase of 12.9% and a year-on-year increase of 93.6%. Net profit attributable to the parent company was NT$1.164 billion, a quarter-on-quarter increase of 25.2% and a year-on-year increase of 1.27 times. Earnings per share (EPS) in the single quarter reached NT$12.61, setting a new historical high, and marking three consecutive quarters of earning more than one capital stock.
Shunhong's gross profit margin in the first quarter was 29.66%, an increase of 3.27 percentage points quarter-on-quarter and 2.3 percentage points year-on-year, slightly lower than the 29.77% in the third quarter of last year, making it the second highest in history.
Shunhong stated today that the demand for liquid cooling solutions driven by AI data centers remains very strong. It is estimated that Q2 operations will grow further than Q1, and new projects including ASIC (Application-Specific Integrated Circuit) will be shipped sequentially in the second half of the year. The company expects full-year operations to show sequential growth quarter-by-quarter.
Shunhong Chairman Lin Yu-shen previously stated that the liquid cooling market in 2026 is still very promising. As the penetration rate of liquid cooling continues to increase, Shunhong will also begin mass production of In-row CDU (Cooling Distribution Unit) in addition to cold plates and manifolds. The company optimistically estimates a revenue growth rate of over 50% in 2026.
However, market rumors today indicate that NVIDIA's next-generation Vera Rubin platform's vapor chamber design has undergone significant changes. The original dual-piece design has been reverted to a single-piece design, leading to a substantial decrease in product unit price. Today, the thermal solution sector's stock prices were in the red. Auras Technology (3653) and AVC Industrial (3017) plummeted to the daily limit, and Shunhong also fell NT$65 or 5.56%, closing at NT$1105. (Editor: Zhang Jun-mao) 1150506
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Shunhong's gross profit margin in the first quarter was 29.66%, an increase of 3.27 percentage points quarter-on-quarter and 2.3 percentage points year-on-year, slightly lower than the 29.77% in the third quarter of last year, making it the second highest in history.
Shunhong stated today that the demand for liquid cooling solutions driven by AI data centers remains very strong. It is estimated that Q2 operations will grow further than Q1, and new projects including ASIC (Application-Specific Integrated Circuit) will be shipped sequentially in the second half of the year. The company expects full-year operations to show sequential growth quarter-by-quarter.
Shunhong Chairman Lin Yu-shen previously stated that the liquid cooling market in 2026 is still very promising. As the penetration rate of liquid cooling continues to increase, Shunhong will also begin mass production of In-row CDU (Cooling Distribution Unit) in addition to cold plates and manifolds. The company optimistically estimates a revenue growth rate of over 50% in 2026.
However, market rumors today indicate that NVIDIA's next-generation Vera Rubin platform's vapor chamber design has undergone significant changes. The original dual-piece design has been reverted to a single-piece design, leading to a substantial decrease in product unit price. Today, the thermal solution sector's stock prices were in the red. Auras Technology (3653) and AVC Industrial (3017) plummeted to the daily limit, and Shunhong also fell NT$65 or 5.56%, closing at NT$1105. (Editor: Zhang Jun-mao) 1150506
Choose to stand with facts, your every sponsorship is the power to protect press freedom.
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The text, images, and audio-visual content on this website may not be reproduced, broadcast, transmitted, or utilized without authorization.