CXMT Corp Class A

688825: XSHG (CHN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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CXMT Earnings: Lack of LTAs Boosts Near-Term Results; Aggressive Expansion Raises Oversupply Risks

Jing Jie Yu

Nov 2, 2026

CXMT's September-quarter revenue of CNY 119 billion and core operating margin of 85% rose 19% and 103 basis points sequentially. The company is reportedly building four new fabs by 2028, two more than previously planned.

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CXMT Corp Class A

CXMT Earnings: Lack of LTAs Boosts Near-Term Results; Aggressive Expansion Raises Oversupply Risks

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