Friend (SH:605050) Ge Long Hui A P P·2026-02-27 08:21Core Viewpoint - The company reported steady growth in sales volume and revenue for the year 2025, driven by the expansion of domestic brands and new car manufacturers in the market, along with effective marketing strategies [1] Financial Performance - The company achieved total operating revenue of 11.786 billion yuan, an increase of 4.50% compared to the same period last year [1] - The net profit attributable to shareholders was 373 million yuan, reflecting a year-on-year increase of 17.81% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 342 million yuan, up 23.21% year-on-year [1] Financial Position - As of the end of 2025, the company's total assets amounted to 9.685 billion yuan, representing an increase of 11.26% from the beginning of the year [1] - The equity attributable to shareholders was 4.475 billion yuan, which is a growth of 3.71% compared to the beginning of the year [1] Market Dynamics - The prices of raw materials from upstream steel and aluminum manufacturers decreased year-on-year, contributing to the company's revenue growth despite only a slight increase in sales revenue [1] - The company maintained continuous growth in product sales volume and market share, with stable gross profit per ton for end customers, leading to a noticeable increase in operating profit relative to sales revenue [1]