Asiainfo Security(SH:688225) Zhong Guo Jing Ji Wang·2026-01-23 06:31Core Viewpoint - AsiaInfo Security (688225.SH) has projected a significant increase in revenue for 2025, but anticipates a net loss compared to the previous year [1] Financial Performance - For 2025, AsiaInfo Security expects revenue between 740 million to 800 million yuan, an increase of 380.49 million to 440.49 million yuan year-on-year [1] - The company forecasts a net loss attributable to shareholders of 50 million to 38 million yuan for 2025, a decrease of 38.96 million to 50.96 million yuan compared to the previous year [1] - The projected net profit excluding non-recurring gains and losses for 2025 is expected to be between -40 million to -29 million yuan, down by 27.37 million to 38.37 million yuan year-on-year [1] - In 2024, AsiaInfo Security reported revenue of 3.595 billion yuan, a year-on-year increase of 123.56% [2] - The net profit attributable to shareholders in 2024 was 9.59 million yuan, recovering from a loss of 291.08 million yuan in the previous year [2] - The net profit excluding non-recurring gains and losses for 2024 was -16.26 million yuan, an improvement from -32.49 million yuan in 2023 [2] - The net cash flow from operating activities for 2024 was 1.145 billion yuan, a significant recovery from -379.34 million yuan in 2023 [2] IPO and Fundraising - AsiaInfo Security was listed on the Sci-Tech Innovation Board on February 9, 2022, with an initial public offering of 40.01 million shares at a price of 30.51 yuan per share [2] - The total amount raised from the IPO was 1.221 billion yuan, with a net amount of 1.123 billion yuan, which was 85.06 million yuan less than originally planned [3] - The funds raised are intended for various projects including cloud security operations, smart security products, and 5G cloud network security products [3] - The total issuance costs for the IPO were 98.19 million yuan, with underwriting fees amounting to 73.24 million yuan [4]