StarPower(SH:603290)2026-03-31 08:20Financial Performance - Total revenue for 2025 reached RMB 401,239.61 million, an increase of 18.34% compared to RMB 339,062.07 million in the previous year[4] - Net profit attributable to shareholders decreased by 20.20% to RMB 40,513.69 million from RMB 50,766.63 million year-on-year[4] - Basic earnings per share fell by 20.28% to RMB 1.69 from RMB 2.12 year-on-year[4] - The weighted average return on net assets decreased by 1.84 percentage points to 5.96% from 7.80%[4] Research and Development - R&D expenses increased by 35.94% to RMB 48,232.98 million, reflecting the company's focus on next-generation power chips and modules[7] - The company emphasizes a "Fabless + IDM" dual-drive business model to enhance core competitiveness and long-term development potential[7] Market Position and Strategy - The company's gross profit margin declined due to intensified market competition and rising raw material costs[7] - The company is expanding into emerging application fields such as AI server power supplies and industrial robots, aiming to open new growth avenues[7] Assets and Equity - Total assets at the end of the reporting period were RMB 1,056,509.68 million, a growth of 9.53% from RMB 964,567.65 million at the beginning of the period[6] - Shareholders' equity increased by 3.82% to RMB 693,732.14 million from RMB 668,194.71 million[6]