Gasgoo Munich- SENASIC released its interim results for the six months ended June 30, 2026, on August 26. This marks the chipmaker's first earnings report since listing on the Hong Kong Stock Exchange's main board on June 17.
Image Source: SENASIC
Revenue climbed to roughly 214 million yuan in the first half of 2026, a 36.5% increase from 157 million yuan a year earlier, the filing shows. Gross profit jumped 63.1% to about 69.41 million yuan, lifting the overall gross margin to 32.4% — an expansion of 5.3 percentage points from 27.1% in the same period last year.
Smart tire chips remained the largest revenue driver, generating about 111 million yuan in the first half — a 21.7% annual increase. Smart battery cell chips posted the fastest growth, with revenue surging 114.5% to 52.9 million yuan, while smart general sensor chips brought in 48.7 million yuan, up 23.4%.
SENASIC attributed the revenue growth to sustained demand for smart sensing and control chips, steady shipment increases across core product lines, and a higher mix of high-value chips. Key customer projects also began ramping up mass production during the period.
On the bottom line, SENASIC reported an interim loss of about 1.39 billion yuan, widening from a year earlier. However, adjusted interim loss narrowed 61.6% to 6.03 million yuan. The company explained that the broader loss was largely due to a roughly 1.35 billion yuan change in the carrying value of liabilities tied to pre-IPO financial instruments — a non-operating factor.
R&D expenses rose 20.9% year-on-year to about 43.2 million yuan in the first half, representing roughly 20.2% of total revenue.
SENASIC specializes in Physical AI edge-side smart sensing and computing chips. Operating under a fabless model, its products serve applications including energy storage, automotive, and industrial electronics.
