晶升股份(688478) - 2025 Q4 - 年度业绩

Financial Performance - Total revenue for 2025 was RMB 227.22 million, a decrease of 46.53% compared to the previous year[3] - Net profit attributable to shareholders of the parent company was -RMB 35.10 million, a decline of 165.30% year-on-year[3] - Net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, was -RMB 57.43 million, a decrease of 289.99% compared to the previous year[3] - Basic earnings per share were -RMB 0.26, down 166.67% from RMB 0.39 in the previous year[3] Assets and Equity - Total assets at the end of the reporting period were RMB 1,762.35 million, a decrease of 5.51% from the beginning of the period[3] - Equity attributable to shareholders of the parent company was RMB 1,511.07 million, down 4.12% from the beginning of the period[3] Return on Investment - The weighted average return on net assets was -2.27%, a decrease of 5.68 percentage points year-on-year[3] Market Conditions - The decline in revenue and profits was primarily due to reduced demand for equipment products in the silicon carbide industry and intensified market competition[7] Risk Management - The company increased impairment provisions based on a cautious approach, impacting net profit and net profit excluding non-recurring items[9] - The company emphasizes the importance of monitoring investment risks as the financial data is preliminary and unaudited[10]