Lingyi iTech (002600) Q4 2025 earnings summary

Executive summary

• Achieved revenue of ¥51.43 billion in 2025, up 16.20% year-over-year; net profit attributable to shareholders was ¥2.29 billion, up 30.34% year-over-year; operating cash inflow reached ¥4.43 billion, up 10.40% year-over-year.

• AI hardware, automotive, and new business lines (robotics, AI servers, wearables) drove growth; international expansion and strategic acquisitions strengthened global presence.

• Significant investments in R&D, automation, and quality management; continued focus on high-value products and global operational efficiency.

Financial highlights

• Revenue: ¥51.43 billion, up 16.20% year-over-year; net profit attributable to shareholders: ¥2.29 billion, up 30.34% year-over-year.

• Operating cash flow: ¥4.43 billion, up 10.40% year-over-year; basic EPS: ¥0.33, up 32% year-over-year.

• Gross margin for AI hardware: 17.21%; automotive and low-altitude economy segment revenue up 39.56% year-over-year.

• Total assets: ¥57.90 billion, up 28.12% year-over-year; net assets: ¥24.04 billion, up 21.50% year-over-year.

Outlook and guidance

• 2026 marks the 20th anniversary and a key year for advancing toward 2030 mid- to long-term goals.

• Will focus on AI hardware, robotics, AI servers, automotive, and low-altitude economy; aim to increase high-value product share and global market position.

• Plans to accelerate digital transformation, global operations, and “all-staff AI” integration across R&D, manufacturing, and management.