Securities Code: 300675
Securities Abbreviation: Jian Keyuan
Financial Settlement Report
Shenzhen Institute of Building Science Co., Ltd.
2025 Annual Financial Settlement Report
The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
In 2025, the company's performance saw a significant decline year-on-year, resulting in its first loss since going public, with challenges in the strategic transformation of its business model intensifying. The total operating revenue for the year was CNY 255.08 million, a decrease of 31.47% compared to the previous year, primarily due to the contraction in demand in the construction sector affecting traditional core businesses. During the adjustment period, the "new momentum" businesses, represented by "demonstration scenario projects and channel customer projects," failed to compensate for the decline in traditional main businesses. Factors such as operational model disruptions and talent structure gaps due to the business transformation also contributed to the downturn. The net profit attributable to shareholders of the listed company was -CNY 92.13 million, and the net profit attributable to shareholders after deducting non-recurring gains and losses was -CNY 84.85 million.
The company's annual auditing firm, Lixin Certified Public Accountants (Special General Partnership), has audited the financial statements for 2025 and issued a standard unqualified audit report (Report No. ZI10036). There were 16 subsidiaries included in the consolidated scope for 2025, with no changes in the consolidation scope during the reporting period. The financial settlement situation is reported as follows:
| Item | 2025 | 2024 | Year-on-Year Change | Change Rate |
|---|---|---|---|---|
| Operating Revenue | 25,508.23 | 37,224.41 | -11,716.18 | -31.47% |
| Net Profit Attributable to Shareholders | -9,213.49 | 240.14 | -9,453.63 | -3936.72% |
| Net Profit Attributable to Shareholders (Excluding Non-recurring Gains and Losses) | -8,485.42 | 57.09 | -8,542.51 | -14963.23% |
| Net Cash Flow from Operating Activities | -3,157.70 | 111.33 | -3,269.03 | -2936.34% |
| Basic Earnings per Share (CNY/share) | -0.6282 | 0.0164 | -0.6446 | -3930.49% |
| Diluted Earnings per Share (CNY/share) | -0.6282 | 0.0164 | -0.6446 | -3930.49% |
| Weighted Average Return on Net Assets | -16.50% | 0.39% | Decrease of 16.89 percentage points | |
| Total Assets | 137,638.43 | 149,147.16 | -11,508.73 | -7.72% |
| Net Assets Attributable to Shareholders | 51,156.13 | 60,516.28 | -9,360.15 | -15.47% |
Financial Condition
In 2025, the company implemented a prudent financial policy, with a slight increase in the debt-to-asset ratio and a decrease in asset scale, but the asset structure remained fundamentally stable.