The Beijing News Shell Finance reported (Reporter Chen Weicheng) On the evening of March 27, Aucson Electrical Appliances (02580) released its 2025 performance results, showing that the Group achieved revenue of 30.049 billion yuan, a year-on-year increase of 0.97%; profit attributable to owners of the parent company was 2.235 billion yuan, a year-on-year decrease of 23.2%.
In September 2025, Aucson Electrical Appliances officially listed on the Hong Kong Stock Exchange at a price of HK$17.42 per share, but it fell below the offering price immediately after opening. In 2025, the air conditioner market in China was highly competitive, and mid-tier brands such as Aucson faced pressure. As of the close on March 27, the share price of Aucson Electrical Appliances was HK$9.2, with a market value of HK$14.6 billion.
Looking in detail, Aucson’s household air conditioner revenue was 26.235 billion yuan, a slight year-on-year increase of 1.3%; revenue from central air conditioners was 3.285 billion yuan, up 1.9%. By brand, revenue from the Aucson brand was 15.914 billion yuan, up 2.5%; revenue from the Huasuan brand was 0.829 billion yuan, down sharply 39.0%; the new brand AUFIT contributed revenue of 0.996 billion yuan.
From the perspective of regional markets, revenue from mainland China was 15.308 billion yuan, up 1.5%; revenue from Asia (excluding mainland China) was 8.208 billion yuan, up 11.8%, mainly due to sales being driven by the introduction of new models. Revenue from North America was 1.452 billion yuan, down sharply 30.7%; revenue from Europe was 2.835 billion yuan, down 6.3%.
In terms of financial performance, the Group’s profit for the year was 2.235 billion yuan, a year-on-year decrease of 23.2%. The gross margin fell from 21.0% in 2024 to 18.8% in 2025, mainly due to fierce market competition, rising raw material prices, and relatively high inventory levels in certain regions. Earnings per share attributable to ordinary equity holders of the parent company were 1.56 yuan, lower than 2.23 yuan last year.
オークス、上場後初の年次報告書：純利益20%以上減少、華蒜の売上高は約4割減
The Beijing News Shell Finance reported (Reporter Chen Weicheng) On the evening of March 27, Aucson Electrical Appliances (02580) released its 2025 performance results, showing that the Group achieved revenue of 30.049 billion yuan, a year-on-year increase of 0.97%; profit attributable to owners of the parent company was 2.235 billion yuan, a year-on-year decrease of 23.2%.
In September 2025, Aucson Electrical Appliances officially listed on the Hong Kong Stock Exchange at a price of HK$17.42 per share, but it fell below the offering price immediately after opening. In 2025, the air conditioner market in China was highly competitive, and mid-tier brands such as Aucson faced pressure. As of the close on March 27, the share price of Aucson Electrical Appliances was HK$9.2, with a market value of HK$14.6 billion.
Looking in detail, Aucson’s household air conditioner revenue was 26.235 billion yuan, a slight year-on-year increase of 1.3%; revenue from central air conditioners was 3.285 billion yuan, up 1.9%. By brand, revenue from the Aucson brand was 15.914 billion yuan, up 2.5%; revenue from the Huasuan brand was 0.829 billion yuan, down sharply 39.0%; the new brand AUFIT contributed revenue of 0.996 billion yuan.
From the perspective of regional markets, revenue from mainland China was 15.308 billion yuan, up 1.5%; revenue from Asia (excluding mainland China) was 8.208 billion yuan, up 11.8%, mainly due to sales being driven by the introduction of new models. Revenue from North America was 1.452 billion yuan, down sharply 30.7%; revenue from Europe was 2.835 billion yuan, down 6.3%.
In terms of financial performance, the Group’s profit for the year was 2.235 billion yuan, a year-on-year decrease of 23.2%. The gross margin fell from 21.0% in 2024 to 18.8% in 2025, mainly due to fierce market competition, rising raw material prices, and relatively high inventory levels in certain regions. Earnings per share attributable to ordinary equity holders of the parent company were 1.56 yuan, lower than 2.23 yuan last year.
Editor Wei Yinzi
Proofreader Zhao Lin