恒生电子股份有限公司关于2025年年度业绩预告的自愿性披露公告

Core Viewpoint - The company, Hengsheng Electronics, has provided a preliminary forecast for its 2025 financial performance, indicating a mixed outlook with a projected increase in net profit but a decline in total revenue and costs [1][2]. Financial Performance Forecast - The company expects to achieve a net profit attributable to shareholders of approximately 1,229.33 million yuan in 2025, an increase of about 186.06 million yuan, representing a year-on-year growth of approximately 17.83% [1][2]. - The net profit after deducting non-recurring gains and losses is projected to be around 1,004.98 million yuan, reflecting an increase of about 170.65 million yuan, or a year-on-year increase of 20.45% [1][2]. - Total operating revenue is anticipated to be approximately 5,786.25 million yuan, a decrease of about 794.83 million yuan, which corresponds to a year-on-year decline of 12.08% [1][2]. - Total operating costs are expected to be around 5,105.38 million yuan, down by approximately 770.95 million yuan, indicating a year-on-year decrease of 13.12% [1][2]. - The net cash flow from operating activities is projected to be about 1,066.75 million yuan, an increase of approximately 198.82 million yuan, or a year-on-year growth of 22.91% [1][2]. Previous Year Performance - In the previous year, the total profit was 1,062.65 million yuan, with a net profit attributable to shareholders of 1,043.26 million yuan and a net profit after deducting non-recurring gains and losses of 834.33 million yuan [4]. Factors Influencing Performance Changes - The increase in net profit for 2025 is primarily attributed to a greater reduction in costs (13.12%) compared to the decline in revenue (12.08%), along with increased investment income from associated enterprises [5]. - The decline in operating revenue is influenced by the company's focus on improving revenue quality, optimizing its business structure, and strategically reducing non-core and loss-making product lines, which is expected to build momentum for future growth [6]. - The company has also enhanced its cash collection management and increased cost reduction and efficiency efforts, leading to improved net cash flow from operating activities [6].