CXMT forecasts CNY 132.5 billion profit: CXMT Corporation stock faces October 31 test
Published on 10/25/2026 at 01:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEarnings outlook meets capacity pressure
- CXMT forecast CNY 131.0 billion to CNY 132.5 billion in net income for January through September 2026.
- Third-quarter revenue was projected at CNY 114.7 billion to CNY 119.7 billion on October 17, 2026.
- CXMT accounted for 10.00 percent of global DRAM revenue in the third quarter of 2026.
CXMT Corporation (ISIN CNE100007WP2) forecast preliminary net income of CNY 131.0 billion to CNY 132.5 billion for January through September 2026, reversing a loss of CNY 5.28 billion in the comparable period. CNBC reported the forecast on October 19, 2026, after the company filing dated October 16, 2026. The figures give CXMT stock a clear earnings test, but they also raise the bar for the October 31 results.
Profit forecast reverses the loss
The revenue outlook is CNY 265 billion to CNY 270 billion for the first nine months of 2026, compared with CNY 32.1 billion a year earlier. That represents a quantified shift from loss to profit rather than a small improvement in operating performance.
Seoul Economic Daily said on October 17, 2026, that third-quarter revenue was estimated at CNY 114.7 billion to CNY 119.7 billion, up 15.00 percent to 20.00 percent from the second quarter. The same report said CXMT proposed a CNY 1.0 billion to CNY 2.0 billion share buyback.
Can capacity sustain growth?
The answer depends on whether higher output can offset slower profit expansion. TrendForce wrote on October 20, 2026, that third-quarter net profit was projected at CNY 53.40 billion to CNY 54.90 billion, with sequential growth easing to 1.00 percent to 4.00 percent. The report also cited depreciation expenses of CNY 14.51 billion in the first half of 2026, up 27.85 percent year over year.
October 31 results date
CXMT is scheduled to report its third-quarter 2026 results on October 31, 2026. The release should show whether the January-to-September forecast is translating into quarterly profitability while the company continues expanding production capacity and developing DRAM products.
Shanghai price stays in context
The Shanghai Stock Exchange listing last stood at CNY 42.85 on October 23, 2026. CXMT describes its business as DRAM design, research and development, manufacturing and sales, serving mobile phones, PCs, tablets, servers and other applications.
CXMT Corporation at a glance
- Company: CXMT Corporation
- ISIN: CNE100007WP2
- WKN: A42MEZ
- Ticker: 688825
- Primary exchange: Shanghai Stock Exchange
- Sector / Industry: Semiconductors / DRAM memory
- Next earnings date: October 31, 2026
Market context: Market report Shanghai Composite.
