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Yonyou Network Technology Co (600588) investor relations material

Yonyou Network Technology Co Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary29 Aug, 2025

Executive summary

  • Revenue for H1 2025 was RMB 3.58 billion, down 5.9% year-over-year, mainly due to a weak Q1; Q2 saw a return to growth with revenue up 7.1% year-over-year.

  • Net loss attributable to shareholders was RMB 944.5 million, with a significant narrowing of losses in Q2 compared to Q1.

  • Cloud services revenue reached RMB 2.76 billion, accounting for 77.2% of total revenue, with cloud ARR up 13.7% year-over-year.

  • AI-driven products and services accelerated, with notable customer wins and successful project launches in multiple industries.

Financial highlights

  • Operating loss for H1 2025 was RMB 994.3 million; net loss was RMB 981.3 million.

  • Basic and diluted EPS were both -0.28, compared to -0.24 in the prior year.

  • Gross margin remained stable; cash flow from operations improved by RMB 593 million year-over-year, with Q2 turning positive.

  • Total assets at period end were RMB 21.93 billion, down 9.2% from year-end 2024.

  • Non-recurring gains totaled RMB 66.6 million, mainly from government grants and investment returns.

Outlook and guidance

  • Management expects continued revenue growth in H2, supported by strong contract signings and cloud/AI business momentum.

  • BIP product maturity and market demand for digital and AI transformation are expected to drive future growth.

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