Shenzhen Transsion Holdings Co., Ltd. 2025 Annual Financial Report
After twenty years of deep cultivation, Shenzhen Transsion Holdings Co., Ltd. (hereinafter referred to as the "Company") has built a diversified industrial cluster with light technology as its core, and its core competitiveness has been continuously strengthened. In 2025, the Company achieved breakthroughs in multiple business areas: the Company's smart terminal Vietnam base capacity increased, and its global layout was completed; LED business became the largest profit pillar, with market share in RGB Mini LED chips and COB direct display products exceeding 50%, consolidating its leading advantage; the optical communication vertical industry chain was fully integrated, and high-speed optical modules accelerated mass production, gradually releasing the synergy of the entire industry chain. Currently, the Company is accelerating its strategic transformation towards a high-tech group.
The Company's 2025 financial statements were audited by Shenzhen Jiuan Certified Public Accountants (Special General Partnership), which issued a standard unqualified audit report. To enable shareholders to have a comprehensive and detailed understanding of the Company's financial status and operating results for 2025, the 2025 financial report is hereby submitted as follows:
I. Key Accounting Data and Financial Indicators Unit: RMB
| Item | 2025 | 2024 | Year-on-year Change |
|---|---|---|---|
| Operating Revenue (RMB) | 17,807,142,308.74 | 20,326,296,258.85 | -12.39% |
| Net Profit Attributable to Shareholders of the Parent Company (RMB) | 1,303,300,688.25 | 1,602,493,353.66 | -18.67% |
| Net Profit Attributable to Shareholders of the Parent Company Excluding Extraordinary Gains and Losses (RMB) | 1,130,072,066.04 | 1,585,310,010.57 | -28.72% |
| Net Cash Flow from Operating Activities (RMB) | 3,303,516,290.51 | 750,885,486.43 | 339.95% |
| Basic Earnings Per Share (RMB/Share) | 0.29 | 0.35 | -17.14% |
| Diluted Earnings Per Share (RMB/Share) | 0.29 | 0.35 | -17.14% |
| Weighted Average Return on Equity | 7.98% | 10.47% | -2.49% |
Unit: RMB
| Item | End of 2025 | End of 2024 | Year-on-year Change |
|---|---|---|---|
| Total Assets (RMB) | 27,055,452,254.86 | 29,001,028,420.68 | -6.71% |
| Net Assets Attributable to Shareholders of the Parent Company (RMB) | 16,705,105,876.12 | 15,885,047,116.31 | 5.16% |
II. Analysis of Operating Results
During the reporting period, the Company achieved operating revenue of 17.807 billion yuan, a year-on-year decrease of 12.39%; net profit attributable to shareholders of the parent company was 1.303 billion yuan, a year-on-year decrease of 18.67%; net profit attributable to shareholders of the parent company excluding extraordinary gains and losses was 1.13 billion yuan, a year-on-year decrease of 28.72%.
As of December 31, 2025, the Company's total assets were 27.055 billion yuan, a decrease of 6.71% from the beginning of the year; the owners' equity attributable to shareholders of the parent company was 16.705 billion yuan, an increase of 5.16% from the beginning of the year.
- Revenue Structure