Beijing Xunzhong Communication Technology (2597) H2 2025 earnings summary

Executive summary

• FY2025 revenue declined 1.49% YoY to RMB903.91 million as low-margin activities were scaled back; attributable net profit rose 36.37% to RMB73.02 million.

• Strategic emphasis shifted toward AI-enabled smart communications, with smart communications solutions revenue rising 247.67% YoY.

Financial highlights

• Revenue was RMB903.91 million, down 1.49% YoY; total profit was RMB84.04 million versus RMB51.40 million in 2024.

• Net profit attributable to listed-company shareholders increased 36.37% to RMB73.02 million; basic EPS rose 16.95% to RMB0.69.

• Total assets grew 28.37% to RMB1,905.01 million; equity attributable to listed-company shareholders reached RMB1,248.46 million.

• Gross profit fell 12.64% to RMB177.45 million; gross margin was 19.63%, largely unchanged YoY.

Outlook and guidance

• Priorities include expanding cloud communications, further embedding LLMs and agents, and growing AI-driven contact center and industry solutions.

• The Large Model-Native Voice AI Agent Platform entered customer validation and industry adaptation; 5G Messaging and New Calling are under technical verification for future deployment.

• 2026 plans include launching an intelligent computing operations platform, developing AI hardware, exploring AIGC and agent applications, and expanding CPaaS and SaaS into Southeast Asia.

• Management plans to explore cultural tourism, elderly care and mental health solutions, while extending services to broader global markets.