Autel(SH:688208) Shang Hai Zheng Quan Bao·2026-02-11 18:44Core Viewpoint - The company reported a significant increase in its 2025 financial performance, with notable growth in revenue and net profit, driven by advancements in AI technology and operational efficiency [4][5][8]. Financial Data and Indicators - The company achieved a revenue of 483,815.26 million RMB, representing a year-on-year growth of 23.04% [4]. - The net profit attributable to the parent company was 93,503.03 million RMB, marking a 45.89% increase [4]. - The net profit after deducting non-recurring gains and losses was 88,023.43 million RMB, reflecting a 62.77% growth [4]. - Total assets at the end of 2025 reached 725,222.49 million RMB, up 14.98% from the beginning of the period [4]. - Shareholders' equity attributable to the parent company was 386,925.38 million RMB, an increase of 8.75% [4]. Business Performance and Financial Condition - The company embraced AI technology, enhancing its smart vehicle diagnostic terminals and smart energy hubs, which contributed to rapid revenue growth [5]. - In the smart charging sector, the company improved its end-to-end system capabilities, leading to successful project deliveries for top global clients [5]. - Internal digital transformation and organizational capability building have optimized operational efficiency [6]. Reasons for Performance Changes - The significant growth in operating profit, total profit, and net profit was attributed to improved profitability and operational efficiency [8]. - The increase in share capital was due to a rights issue in May 2025, where shareholders received 4.9 additional shares for every 10 shares held [8]. Earnings Forecast Correction - The company corrected its earnings forecast, with the net profit now exceeding the previous upper limit by 503.03 million RMB due to a favorable court ruling regarding a patent dispute [9]. - The court ruling led to the reversal of a previously accrued liability of 24.79 million RMB, positively impacting the net profit [9].