Huagong Tech Company (000988) Q4 2025 earnings summary

Executive summary

• Achieved revenue of ¥14.36 billion in 2025, up 22.59% year-over-year; net profit attributable to shareholders reached ¥1.47 billion, up 20.48% year-over-year.

• Three core businesses: connectivity (光通信), sensing (传感器), and intelligent manufacturing (智能制造) all contributed to growth.

• Overseas revenue grew 46% year-over-year, reaching ¥2.01 billion, with significant expansion in Southeast Asia.

• Maintained strong R&D focus, with R&D investment of ¥1.09 billion, accounting for 7.6% of revenue.

Financial highlights

• Revenue: ¥14.36 billion, up 22.59% year-over-year; net profit attributable to shareholders: ¥1.47 billion, up 20.48%.

• Operating cash flow: ¥1.22 billion, up 66.83% year-over-year.

• Basic and diluted EPS: ¥1.47, up from ¥1.21 last year.

• Gross margin for main business segments ranged from 13.26% to 31.08%.

• Total assets at year-end: ¥22.92 billion, up 10.06% from prior year.

Outlook and guidance

• Will continue to focus on AI-driven innovation, global expansion, and talent development.

• Plans to accelerate H-share listing and internationalize R&D, manufacturing, and service networks.

• Strategic emphasis on AI productization, industrial digitalization, and global customer base expansion.