东芯股份(688110) - 2025 Q4 - 年度业绩

Financial Performance - In 2025, the company achieved total operating revenue of RMB 92,142.53 million, a year-on-year increase of 43.76%[4] - The operating profit for 2025 was RMB -21,229.24 million, with a loss increase of 25.62% compared to the previous year[6] - The net profit attributable to the parent company was RMB -19,519.67 million, reflecting a year-on-year loss increase of 16.79%[6] - The company’s weighted average return on net assets decreased by 1.23 percentage points to -6.22%[4] Assets and Investment - Total assets at the end of the reporting period reached RMB 377,679.09 million, an increase of 6.97% from the beginning of the period[6] - The company’s net assets per share increased by 6.47% to RMB 7.73 at the end of the reporting period[4] - The company strategically invested RMB 200 million in Shanghai Lishan Technology Co., focusing on GPU chip development, with an additional investment of approximately RMB 211 million in 2025[9] - The company’s investment loss from its stake in Shanghai Lishan was approximately RMB 166 million for the year[9] Research and Development - The company maintained a high level of R&D investment, with significant expenses incurred during the reporting period due to ongoing technology development[9] Business Performance - The company’s storage business has achieved profitability, supported by a recovery in product sales prices and improved gross margins[7]