Group 1 - The core viewpoint of the news is that Meitu Inc. (01357.HK) expects a significant increase in adjusted net profit attributable to equity holders for the year ending December 31, 2025, with a projected growth of 60% to 66% year-on-year, driven by rapid revenue growth in its main business of "image and design products" [1][3] - The growth in revenue is primarily attributed to a rapid increase in the number of global paid subscription users, with international market growth outpacing that of the domestic market in China, validating the effectiveness of the company's globalization strategy [1] - The increase in profitability is further supported by a higher growth rate in gross profit compared to operating expenses, resulting in an operational leverage effect that enhances the overall profitability beyond gross profit growth [1] Group 2 - In contrast, when considering all non-cash and non-operating items under International Financial Reporting Standards (IFRS), the company anticipates a decline of no more than 30% in net profit attributable to equity holders for the fiscal year 2025, primarily due to a high base effect from a one-time net gain of approximately RMB 640 million from the sale of cryptocurrency in the previous year [2] - Additionally, the expected decline is influenced by a one-time, non-cash expense of approximately RMB 512 million related to the issuance of convertible bonds to Alibaba Group, which is recognized under IFRS as the fair value exceeding the principal amount at the delivery date [2]
美图公司(01357.HK)预计2025年度经调整纯利同比增长60%-66% 主营业务影像与设计产品收入实现快速增长