Genew(SH:688418)2026-02-27 11:05Financial Performance - Total revenue for 2025 was RMB 876.18 million, a decrease of 7.93% compared to the previous year[3] - Net profit attributable to shareholders of the parent company was a loss of RMB 62.54 million, down 327.94% year-on-year[3] - The basic earnings per share decreased to -0.3248, a decline of 327.93% compared to the previous year[3] - The weighted average return on net assets fell to -7.04%, a decrease of 10.30 percentage points year-on-year[3] Asset and Liabilities - Total assets at the end of the reporting period were RMB 1,905.68 million, a decrease of 2.20% from the beginning of the period[3] Business Challenges - The company experienced a significant decline in traditional communication business, impacting overall revenue and gross margin[5] - The subsidiary Hangzhou Chenxiao Technology Co., Ltd. faced order delays due to client restructuring, contributing to the overall performance decline[6] - Non-recurring gains from government subsidies and asset disposals decreased compared to the previous year, weakening profit support[6] - The company anticipates the need to recognize goodwill impairment based on prudent principles, further affecting profit levels[6] Reporting and Auditing - The financial data presented is preliminary and unaudited, with final figures to be disclosed in the 2025 annual report[9]