Range Intelligent Computing Technology Group Company (300442) Q4 2025 earnings summary

Executive summary

• Achieved record revenue of ¥5.67 billion in 2025, up 29.99% year-over-year, with net profit attributable to shareholders surging 182.07% to ¥5.05 billion.

• AIDC business revenue grew 72.97% to ¥2.51 billion, now 44.24% of total revenue, with a 48.5% gross margin, surpassing IDC business in profitability.

• Completed major REIT transaction, releasing ¥4.5 billion in liquidity and reducing asset-heavy constraints.

• Expanded global AI infrastructure footprint to nine clusters, with 6GW planned and 750MW operational capacity.

Financial highlights

• Revenue: ¥5.67 billion (+29.99% YoY); Net profit attributable to shareholders: ¥5.05 billion (+182.07% YoY).

• Operating cash flow: ¥3.29 billion (+57.17% YoY); Total assets: ¥42.69 billion (+36.36% YoY).

• Gross margin: 46.04% (down 2.89pp YoY); AIDC gross margin: 48.5%.

• Basic/Diluted EPS: ¥3.00/¥1.04; ROE: 41.80%.

• Major non-recurring gain: ¥3.75 billion from subsidiary transfer to REIT.

Outlook and guidance

• Plans to accelerate AIDC business, targeting higher market share and continued margin expansion.

• Will continue global expansion, focusing on Hong Kong and Southeast Asia, and further REIT asset recycling.

• Guidance includes stable revenue growth, robust cash flow, and ongoing investment in high-density, green AI infrastructure.