战略投入加大致利润阶段性承压，华依科技2025年亏损同比扩大

Core Insights - The company reported a revenue of 516.56 million yuan for the year 2025, marking a year-on-year growth of 21.99% [2][3] - The net profit attributable to the parent company was -57.51 million yuan, indicating an expanded loss compared to the previous year [2][3] - The basic earnings per share were -0.68 yuan, a decline from -0.55 yuan in the previous year [3] Financial Performance - Total revenue for the reporting period was 516.56 million yuan, up from 423.44 million yuan in the same period last year, reflecting a growth of 21.99% [3] - Operating profit was -87.33 million yuan, compared to -63.52 million yuan in the previous year [3] - The net profit attributable to the parent company, excluding non-recurring gains and losses, was -59.91 million yuan, worsening from -50.54 million yuan [3] Asset and Equity Position - As of the end of 2025, total assets amounted to 2.34 billion yuan, a 7% increase from the beginning of the year [2] - The equity attributable to the parent company's owners was 1.03 billion yuan, reflecting a growth of 4.34% from the start of the year [2] Operational Insights - The company expanded its testing services for new energy powertrains, contributing to revenue growth [4][5] - The smart driving business began to ramp up production, leading to significant revenue increases [4] - High initial fixed costs from new testing and production equipment, along with increased market development and management costs, negatively impacted profits [5] Future Outlook - The company anticipates that as production and testing scales increase, the unit fixed costs will be diluted, leading to potential profitability in the future [5]