CXMT (688825.SH) recorded an EBIT margin of 82% in 2Q26, leading global competitors and toppling Micron Technology, Inc. (MU.US), Sandisk Corporation (SNDK.US), SK hynix Inc. (SKHY.US), Samsung Electronics and Kioxia, data from Quick FactSet and company disclosure showed.

CXMT produces DRAM used in various devices ranging from smartphones to data centers. Its customers include BABA-W (09988.HK), ByteDance and TENCENT (00700.HK), among other Chinese technology groups.

Although CXMT's absolute profit level remained below that of South Korean competitors and Micron Technology, it was still higher than NAND flash memory makers Kioxia and Sandisk.

SK hynix, Samsung and Micron Technology are focusing on high bandwidth memory (HBM), resulting in insufficient production of general-purpose chips and driving a sharp rise in prices of CXMT's key DDR5 products.
~

AASTOCKS Financial News
Website: www.aastocks.com

SG Top Picks
Stock & Type	Code	Strike(Call Level)	Last	Effective Gearing
TENCT (C)	29978	542 (-)	0.040	12.5 X
TENCT (C)	16371	535 (-)	0.062	8.0 X
TENCT (C)	14720	525 (-)	0.044	9.8 X
TENCT (C)	13462	510 (-)	0.033	7.6 X
TENCT (P)	13318	447.5 (-)	0.099	4.3 X
TENCT (P)	28953	390 (-)	0.065	13.1 X
TENCT (Bull)	67282	407 (410)	0.053	16.2 X
TENCT (Bull)	53947	397 (400)	0.073	11.8 X
TENCT (Bear)	54066	463 (460)	0.055	15.6 X
TENCT (Bear)	54561	453 (450)	0.039	22.1 X
ALIBA (C)	28103	135.6 (-)	0.040	6.7 X
ALIBA (C)	13814	123 (-)	0.047	7.3 X
ALIBA (C)	15764	119.88 (-)	0.077	5.7 X
ALIBA (C)	14258	107.8 (-)	0.107	5.4 X
ALIBA (P)	15289	96 (-)	0.079	4.9 X
ALIBA (Bull)	57509	100 (101.5)	0.036	14.8 X
ALIBA (Bull)	57508	97 (98.5)	0.052	10.2 X
ALIBA (Bear)	53200	119.5 (118)	0.056	9.5 X
ALIBA (Bear)	54830	113.5 (112)	0.032	16.6 X