Nexperia guardian Wingtech warns of ‘money stream threat’ regardless of 280% surge in quarterly revenue

Amid a geopolitical storm over its Dutch chip unit Nexperia, Wingtech Know-how delivered stellar third-quarter earnings whereas warning of potential future disruptions.

The affect of the energy battle at Nexperia, the largest income earner for Wingtech, was “tough to quantify exactly”, the Chinese language firm stated in its submitting to the Shanghai Inventory Change exterior buying and selling hours on Friday night.

“Ought to management over Nexperia fail to be restored by the top of 2025, the corporate might face the chance of a brief discount in income, earnings and money stream,” it warned.

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The remarks got here as the corporate, which has divested most of its different companies to concentrate on semiconductors, posted a 280 per cent surge in web revenue within the third quarter to 1 billion yuan (US$149 million), though income declined 77 per cent to 4.4 billion yuan.

It attributed the lower in income to the drop in “product integration” – its different income pillar – after Wingtech was added to the US export management record in December. The corporate stated one more reason for the income decline was that it divested 4 subsidiaries in that enterprise, “leading to an extra year-on-year lower in income”.

Exterior view of the constructing that homes Nexperia’s headquarters in Nijmegen, the Netherlands, October 13, 2025. Photograph: EPA alt=Exterior view of the constructing that homes Nexperia’s headquarters in Nijmegen, the Netherlands, October 13, 2025. Photograph: EPA>

Wingtech’s semiconductor operations posted income of 4.3 billion yuan within the quarter that ended September, accounting for 97 per cent of the full. Final month, the corporate’s administration had assured shareholders of its dedication to the chip sector.

That was simply earlier than its Netherlands-based chip unit Nexperia was taken over by the Dutch authorities on nationwide safety grounds. The transfer resulted within the ousting of Nexperia CEO Zhang Xuezheng, who additionally based Wingtech.

“There stays uncertainty as as to whether the semiconductor enterprise can maintain the beneficial momentum noticed within the first three quarters,” Wingtech stated within the submitting on Friday.

The saga escalated after Beijing imposed export controls that banned Nexperia China from promoting merchandise abroad. Auto trade teams within the European Union, Japan and the US have voiced concern over potential provide chain disruptions and known as for a fast decision of the problem.

Nexperia’s China unit, which is accountable for 70 per cent of the agency’s complete output, has repeatedly stated that operations stay impartial and had been working in a “regular method”.

Shares of Wingtech have fallen 12 per cent thus far this month.

Authorities officers on either side have intervened. In a cellphone name on Tuesday, Chinese language Minister of Commerce Wang Wentao requested Dutch Minister for Financial Affairs Vincent Karremans to “promptly and correctly” resolve the problem.

In the meantime, Wang has accepted an “pressing” invitation to go to Brussels within the coming days to resolve the matter, the EU’s commerce chief Maros Sefcovic stated on Tuesday.

This text initially appeared within the South China Morning Publish (SCMP), probably the most authoritative voice reporting on China and Asia for greater than a century. For extra SCMP tales, please discover the SCMP app or go to the SCMP’s Fb and Twitter pages. Copyright © 2025 South China Morning Publish Publishers Ltd. All rights reserved.

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