Ultrapower(SZ:300002) Ge Long Hui A P P·2026-02-26 09:16Core Viewpoint - Shenzhou Taiyue (300002.SZ) reported a decline in both revenue and net profit for the fiscal year 2025, primarily due to a significant drop in non-recurring gains and adverse currency exchange impacts [1][2]. Group 1: Financial Performance - The total operating revenue for the company was 5.824 billion yuan, a decrease of 9.74% compared to the previous year [1]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, was 820 million yuan, down 28.43% year-on-year [1]. - The net profit attributable to shareholders was 798 million yuan, reflecting a 44.09% decline from the previous year [1]. Group 2: Reasons for Performance Changes - There was a substantial decrease in non-recurring gains, which contributed approximately 20 million yuan to the net profit attributable to shareholders, primarily due to increased asset disposal losses and anticipated liabilities [1]. - The decline in the US dollar exchange rate negatively impacted the company, as a significant portion of its revenue is settled in USD, leading to exchange losses compared to the previous year's substantial exchange gains [1]. - The company's revenue scale experienced a slight decline compared to the previous year [1]. Group 3: Business Segment Performance - In the gaming sector, the company continued to iterate content and optimize operations for its main products, "Age of Origins" and "War and Order," which, despite revenue and profit declines, still generated considerable cash flow [2]. - The company is accelerating the development and testing of new projects, which, while not contributing significant revenue during the reporting period, have strengthened the product pipeline for future growth [2]. - In the software and information technology services segment, revenues from AI + cloud, IoT, and innovative businesses have increased, with notable progress in integrated cloud and AI development [2].