SUPCON Technology (688777) Q4 2025 earnings summary

Executive summary

• Revenue for 2025 was ¥8.07 billion, down 11.66% year-over-year; net profit attributable to shareholders was ¥441 million, down 60.48% year-over-year.

• Gross margin for the year was 31.26%, a decrease of 2.52 percentage points from the previous year.

• The company maintained its leading market share in core products, with DCS at 45.1% and SIS at 31.4% domestically.

• R&D investment reached ¥951 million, accounting for 11.79% of revenue, up 1.09 percentage points year-over-year.

• Cash dividend of ¥2.80 per 10 shares proposed, totaling ¥218 million, representing 49.47% of net profit.

Financial highlights

• Operating income: ¥8.07 billion, down 11.66% year-over-year.

• Net profit attributable to shareholders: ¥441 million, down 60.48% year-over-year.

• Operating cash flow: ¥377 million, down 13.07% year-over-year.

• Basic and diluted EPS: ¥0.56, down 60.56% year-over-year.

• Gross margin: 31.26%, down 2.52 percentage points year-over-year.

• R&D expense: ¥951 million, 11.79% of revenue.

Outlook and guidance

• The company will continue to focus on industrial AI, automation, and international expansion.

• Strategic emphasis on scaling AOP (Autonomous Operating Plant) and TPT (Time-series Pre-trained Transformer) solutions.

• Plans to deepen digital transformation, enhance cost control, and invest in high-potential AI and data businesses.