Hygon Information Technology (688041) Q4 2025 earnings summary

Executive summary

• Achieved revenue of ¥14.38 billion in 2025, up 56.92% year-over-year, driven by AI demand and digital infrastructure upgrades.

• Net profit attributable to shareholders reached ¥2.54 billion, up 31.79% year-over-year.

• Maintained high R&D intensity, with R&D expenses at ¥4.57 billion, 31.78% of revenue.

• Proposed cash dividend of ¥0.15 per share, total cash dividends of ¥556.7 million, 21.88% payout ratio.

• Board approved the annual report and profit distribution plan; audit opinion was unqualified.

Financial highlights

• Revenue: ¥14.38 billion, up 56.92% year-over-year.

• Net profit attributable to shareholders: ¥2.54 billion, up 31.79% year-over-year.

• Operating cash flow: ¥2.10 billion, up 114.61% year-over-year.

• Basic and diluted EPS: ¥1.10, up 32.53% year-over-year.

• Gross margin: 57.78%, down 5.92 percentage points year-over-year due to cost increases.

Outlook and guidance

• Will continue to focus on high-end CPU and DCU R&D, targeting AI, cloud, and digital infrastructure markets.

• Plans to accelerate product iteration, expand ecosystem partnerships, and enhance market share in domestic high-end processor sector.

• Talent development and ESG practices remain strategic priorities.