Friend (SH:605050)2026-02-27 07:50Financial Performance - The total operating revenue for 2025 reached RMB 1,178.62 million, an increase of 4.50% compared to the previous year[3] - The net profit attributable to shareholders was RMB 373.12 million, reflecting a growth of 17.81% year-on-year[3] - The net profit excluding non-recurring gains and losses was RMB 341.93 million, up 23.21% from the previous year[3] - The total assets at the end of 2025 amounted to RMB 968.48 million, representing an increase of 11.26% from the beginning of the year[3] - The equity attributable to shareholders increased to RMB 447.52 million, a rise of 3.71% compared to the start of the year[3] - The basic earnings per share rose to RMB 0.76, an increase of 18.75% year-on-year[3] - The weighted average return on equity improved to 8.57%, up by 1.11 percentage points from the previous year[3] Market and Industry Trends - The company maintained stable growth in sales volume and revenue due to effective marketing strategies and increased market share among domestic brands[6] - The automotive industry in China saw a 10.20% increase in production and a 9.20% increase in sales for passenger vehicles in 2025[6] - The prices of raw materials from upstream steel and aluminum manufacturers decreased, contributing to stable profit margins despite increased sales volume[6]