Weidou Nano (688147) expects a slight decline in both operating revenue and net profit in 2025, due to factors such as a decrease in photovoltaic equipment acceptance quantities, changes in product structure, new capacity additions, and increased R&D investment.

Weida Nano (688147) announced on February 25, 2025, that the company achieved operating revenue of 2.632 billion yuan, a slight decrease of 2.52% year-on-year; net profit attributable to the parent company’s owners was 213 million yuan, down 6.12% year-on-year.

Weida Nano stated in the announcement that in 2025, the semiconductor industry continued its high-growth trend, while the photovoltaic industry faced a complex environment with cyclical and structural supply and demand pressures. In response to changes in downstream industry patterns, the company坚持以“创新驱动” as its guiding principle, actively seizing opportunities in the semiconductor market, tackling challenges in the photovoltaic cycle, and continuously optimizing its business structure. The company’s semiconductor business achieved rapid growth, and the photovoltaic business still demonstrated operational resilience despite cyclical industry pressures. The decline in net profit was mainly due to the following factors: 1) a decrease in the number of photovoltaic equipment acceptance, leading to a slight decline in overall revenue; 2) product structure changes, new capacity additions resulting in increased depreciation and amortization, combined with asset impairment provisions related to photovoltaic projects; 3) continued high R&D investment to promote the development of semiconductor business and maintain a leading edge in next-generation photovoltaic cell technology.

According to Tongbi Finance, Weida Nano is a global high-end micro-nano equipment manufacturer for semiconductors and related industries. The company has developed a product system centered on Atomic Layer Deposition (ALD) technology, with a tiered development of various vacuum thin film technologies such as Chemical Vapor Deposition (CVD). It focuses on the research, production, and sales of advanced micron- and nanometer-scale thin film equipment, providing cutting-edge thin film devices, supporting products, and services to downstream semiconductor and related industry clients.