News / Taiwan / cnyes
Heqin Precision Turns Profitable in H1 2026 with EPS of NT$0.32, Eyes AI Server Market
Producer Manufacturing · Metal Fabrication · cnyes · 2026-08-21
1586
Heqin Precision (1586-TW) returned to profitability in the first half of 2026, driven by stable automotive and HDD component demand and new AI server initiatives.
What Happened
Return to Profitability: After a year under new management, Heqin Precision (1586-TW) successfully turned a profit in the first half of 2026. The company reported a net profit of NT$32.89 million, translating to an EPS of NT$0.32, reflecting the success of its cost-control and margin-optimization strategies.
Core Business Drivers: The company's primary revenue streams remain automotive and hard disk drive (HDD) stamped components. Shipments of high-voltage switches and door lock parts to major U.S. electric vehicle manufacturers remain steady, while the HDD segment has successfully secured a position in the supply chain of a major Japanese manufacturer.
Operational Improvements: Heqin has focused on streamlining order intake, optimizing product mix, and strictly managing expenses, leading to quarter-over-quarter improvements in performance. Although the stock price currently trades below its book value of NT$19.83, the company's operational efficiency has significantly improved, allowing it to move past previous losses.
Future Growth Strategy: Looking ahead, Heqin plans to leverage its expertise in precision stamping and mold making to develop high-end storage components. Furthermore, the company is actively expanding into new product categories, including AI server cabinet parts and cooling plates, to diversify its revenue base and capture emerging market opportunities.