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Shanghai Baosight Software (600845) investor relations material
Shanghai Baosight Software H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for 2025 was RMB 10.97 billion, down 19.6% year-over-year; net profit attributable to shareholders was RMB 1.31 billion, down 42.4% year-over-year.
Cash flow from operating activities increased 28.5% year-over-year to RMB 2.15 billion.
The company maintained a leading position in industrial software and AI-driven solutions, with significant progress in AI, cloud, and robotics.
Major awards were received for AI and industrial automation innovations.
Financial highlights
Operating income: RMB 10.97 billion (down 19.6% YoY); net profit: RMB 1.31 billion (down 42.4% YoY).
Gross margin for software development and engineering services was 25.8%, down 5.4 percentage points YoY.
Basic EPS: RMB 0.457 (down 42.7% YoY); ROE: 11.88% (down 8.8 percentage points YoY).
Operating cash flow: RMB 2.15 billion (up 28.5% YoY); capital expenditures increased due to data center investments.
Dividend proposal: RMB 2.3 per 10 shares, total RMB 660 million, representing 50.6% payout ratio.
Outlook and guidance
2026 focus: strengthen steel sector, expand non-steel and overseas markets, and accelerate AI-driven industrial solutions.
Strategic priorities: AI+ manufacturing, SaaS product matrix, robotics, PLC, and cloud infrastructure.
Targeting significant revenue and profit growth in 2026, leveraging new product launches and market expansion.
- Revenue up 5.64%, net profit down 11.28%, R&D at 10.71% of revenue, high dividend payout.600845
H2 202422 Dec 2025 - Revenue and profit dropped significantly amid steel sector headwinds and margin compression.600845
Q3 202528 Oct 2025 - Q1 2025 saw revenue and profit drop over 25% year-over-year, but assets and equity increased.600845
Q1 202510 Sep 2025 - Revenue and profit fell sharply, but cash flow and R&D in AI and cloud remained strong.600845
H1 202519 Aug 2025 - Q3 profit dropped 15.5% year-over-year, but nine-month results showed growth.600845
Q3 202413 Jun 2025 - Revenue and net profit rose double digits, with strong digital and industrial software momentum.600845
H1 202413 Jun 2025
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Next Shanghai Baosight Software earnings date
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