Longci Technology's net profit attributable to the parent company in 2025 increased by 51.7% year-on-year to 168 million yuan.

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On April 1, Longci Technology (300835) released its 2025 annual report. During the reporting period, the company’s operating revenue was RMB 1.29 billion, up 10.2% year over year. Net profit attributable to shareholders was RMB 168 million, up 51.7% year over year. Non-recurring profit net profit attributable to shareholders was RMB 91.98 million, down 6.8% year over year. Net operating cash flow was RMB 105 million, down 46.1% year over year. EPS (fully diluted) was RMB 1.4129.

Of these, in the fourth quarter, the company’s operating revenue was RMB 352 million, up 7.0% year over year. Net profit attributable to shareholders was RMB 35.17 million, up 202.1% year over year. Non-recurring profit net profit attributable to shareholders recorded a loss of RMB 26.21 million, down 336.1% year over year. EPS was RMB 0.295.

As of the end of the fourth quarter, the company’s total assets were RMB 2.55B, up 11.6% from the end of the previous year. Net assets attributable to shareholders were RMB 1.23B, up 15.4% from the end of the previous year.

In the “Management Discussion and Analysis” section, the company mentioned that during the reporting period, its principal business focused on the R&D, production, and sales of high-performance magnetic materials and electronic components, forming an industrial layout characterized by coordinated development across three core businesses: permanent magnet + soft magnet + inductors. Permanent magnet ferrite magnetic tiles, as a core component of permanent magnet micro-specialty motors, are mainly used in sectors such as automobiles, variable-frequency home appliances, and power tools. The company’s customers are mainly globally well-known auto motor manufacturers.

In terms of soft magnetic materials and magnetic cores, the company has laid out a soft magnetic powder core production capacity of over 20k tons, mainly used in areas such as photovoltaic energy storage, new-energy vehicles, and consumer electronics. In addition, the company focuses on developing high-end products such as automotive inductors and chip inductors. It has successfully won bids for multiple new projects from international semiconductor customers, demonstrating strong market prospects and progress in customer recognition.

In its operating model, the company adopts a make-to-order and order-based customization approach to ensure it can effectively organize production after receiving customer orders. At the same time, management emphasized continuously increasing R&D investment to consolidate its technological leadership advantages and enhance delivery capability and service capability.

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