Zhejiang He Chuan Technology (SH:688320)2026-02-25 08:20Financial Performance - Total revenue for 2025 reached 1,027.88 million CNY, representing a 26.79% increase compared to the previous year[4] - Net profit attributable to shareholders of the parent company was -128.55 million CNY, an improvement from -165.09 million CNY in the same period last year[4] - Basic earnings per share improved to -0.64 CNY from -1.10 CNY year-on-year[4] - The company experienced a narrowing of net losses due to increased gross profit and other income from tax refunds and deductions[7] - The weighted average return on net assets was -11.05%, slightly improved from -11.41% in the previous year[4] Assets and Equity - Total assets at the end of the reporting period were 1,929.01 million CNY, a decrease of 2.10% from the beginning of the period[6] - Shareholders' equity attributable to the parent company decreased by 6.97% to 1,225.33 million CNY[4] Revenue Drivers - The growth in revenue was driven by increased orders from downstream industries such as lithium batteries, electric hydraulics, injection molding, and packaging[7] Financial Reporting - The company cautions that the financial data presented is preliminary and subject to final audit[8] - The company plans to disclose the final audited financial results in the 2025 annual report[8]