Suzhou Centec (SH:688702) Ju Chao Zi Xun·2026-02-26 03:14Core Viewpoint - Suzhou Shengke Communication Co., Ltd. reported a revenue increase of 6.35% for 2025, but experienced a significant increase in net losses, primarily due to high R&D investments impacting short-term profitability [2][4]. Financial Performance Summary - Total revenue for 2025 reached 1,150.53 million yuan, up from 1,081.83 million yuan in the previous year, reflecting a growth of 6.35% [2][3]. - The net profit attributable to the parent company was -149.84 million yuan, an increase in losses by 81.58 million yuan compared to the previous year [2][3]. - The net profit after deducting non-recurring gains and losses was -218.44 million yuan, worsening from -108.47 million yuan year-on-year [2][3]. - Basic earnings per share were -0.37 yuan, down from -0.17 yuan in the previous year [2][3]. - The weighted average return on net assets decreased to -6.50%, down 3.62 percentage points from -2.88% [3]. Asset and Equity Summary - As of the end of the reporting period, total assets amounted to 2,534.18 million yuan, a decrease of 4.81% from the beginning of the period [2][3]. - The equity attributable to the parent company's owners was 2,231.74 million yuan, down 4.35% from the beginning of the period [2][3]. Operational Insights - The company attributed the decline in profitability to increased R&D investments, which are expected to support long-term growth and competitiveness despite short-term financial pressures [4]. - The company is focusing on enhancing product performance, optimizing costs, and accelerating product iterations to ensure sustainable high-quality development [4].