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Hantest Sets Record-High IPO Price of NT$2,250, Offering Potential 100% Return
Electronic Technology · Semiconductors · cnyes · 2026-09-03
7856
Hantest (7856) has set its IPO price at a record-breaking NT$2,250 per share, with lottery winners potentially doubling their investment based on current market prices.
What Happened
IPO Details and Market Interest: Hantest (7856) has set a record-breaking IPO price of NT$2,250 per share for its upcoming listing, with a bidding floor of NT$1,800. Public subscription is scheduled for mid-September, and with the current market price significantly higher, investors are eyeing a potential 100% return on investment for successful lottery applicants.
Robust Operational Growth: Driven by surging demand for AI and high-performance computing (HPC) chip testing, Hantest has experienced rapid financial expansion. The company reported a 114.5% year-over-year revenue increase for the first half of 2026, with net profit and earnings per share reaching record highs for the period.
Improved Profitability Structure: The company attributes its profit surge to a successful upgrade in its product mix rather than just scale. Operating margins have soared from 3.35% in 2024 to 33.59% in the first half of 2026, while gross margins have climbed to 54.88%, reflecting enhanced pricing power and operational efficiency.
Future Strategic Outlook: Management highlights that customized products, such as thermal management modules and optical inspection systems, are now key growth drivers. Looking ahead, Hantest plans to expand into high-speed memory system-level testing (SLT), advanced packaging reflow equipment, and silicon photonics, with analysts expecting continued profit growth.