Nsing Technologies (300077) Q4 2025 earnings summary

Executive summary

• Revenue increased 16.51% year-over-year to ¥1.36 billion, driven by growth in both integrated circuits and anode materials businesses.

• Net loss attributable to shareholders narrowed by 50.96% year-over-year to -¥115.42 million.

• Cash flow from operating activities turned positive at ¥0.67 million, a significant improvement from last year’s outflow.

• No dividend was proposed due to accumulated losses at the parent company.

Financial highlights

• Integrated circuits and key components revenue rose 11% year-over-year to ¥662.12 million; anode materials revenue grew 22.26% to ¥698.14 million.

• Gross margin for integrated circuits was 31.15%, and for anode materials 9.43%.

• Basic and diluted EPS improved to -0.20 from -0.40 year-over-year.

• Total assets at year-end were ¥3.57 billion, down 3.84% from the prior year.

• Net assets attributable to shareholders decreased 7.01% to ¥919.98 million.

Outlook and guidance

• Demand for MCU and security chips expected to remain robust across AI, industrial, automotive, and smart home sectors.

• Anode materials market projected to maintain high growth, with focus on high-end, high-quality products and new material R&D.

• Strategic focus on AI, edge computing, robotics, and industrial control for chip business; continued expansion in high-performance MCU and security chips.