Saiweiwei Electric’s revenue and net profit are both set to grow in 2025, with high dividends and a focus on battery-chip core business standing out as highlights.

How does AI · Saiweiwei Electric Battery Chip Business Drive Double Growth in Performance?

Blue Whale News, April 2 — On April 2, Saiweiwei Electric released its 2025 performance report. Data shows that the company will achieve operating revenue of 489 million yuan in 2025, a year-on-year increase of 24.34%; net profit attributable to the parent of 97.34 million yuan, up 23.47% year-on-year; and non-recurring net profit of 88.29 million yuan, up 17.57% year-on-year.

The growth rate of non-recurring net profit is 5.90 percentage points lower than that of net profit attributable to the parent, mainly due to the recognition of non-recurring gains and losses of 9.05 million yuan during the period, including government subsidies of 5.78 million yuan, and gains and losses from changes in fair value and disposal of financial assets of 8.32 million yuan.

The company’s comprehensive gross profit margin is 53.66%, an increase of 1.15 percentage points year-on-year; net profit margin is 19.92%, up 0.83 percentage points year-on-year.

Revenue structure continues to focus on core businesses, with battery safety chips and battery measurement chips contributing a total of 86.94% of operating income, accounting for 45.60% and 41.34% respectively. Among them, revenue from battery safety chips reached 220 million yuan, becoming the core pillar driving overall growth; revenue from battery measurement chips was 202 million yuan, showing a structural shift with these two areas fluctuating inversely.

Market regional layout further concentrates domestically, with domestic sales accounting for 85.67%, and overseas sales shrinking to 14.33%. Sales expenses amounted to 25.37 million yuan, a year-on-year increase of 5.71%, significantly lower than revenue growth. The sales expense ratio decreased by about 1.4 percentage points year-on-year.

Total R&D investment reached 137 million yuan, a year-on-year increase of 19.95%; R&D personnel increased from 124 to 149, a growth of 20.16%. Although absolute R&D investment increased, due to higher revenue growth, the R&D expense as a percentage of revenue decreased by 1.03 percentage points year-on-year to 28.04%.

Net cash flow from operating activities was -5.07 million yuan, turning from 64.80 million yuan of net inflow in the previous year to a net outflow, a decrease of 107.82% year-on-year, mainly due to the company’s strategic increase in inventory based on market expectations and strengthening supply chain pre-positioning.

The dividend plan shows that the company has a relatively large cash dividend policy, proposing a cash dividend of 13.00 yuan (including tax) for every 10 shares, totaling approximately 109.39 million yuan, accounting for 112.37% of net profit attributable to the parent.