Runhua Living Service Group Holdings (2455) H2 2025 earnings summary

Executive summary

• FY2025 revenue rose 3.0% YoY to RMB930.8m; profit increased 1.9% to RMB46.3m, while gross profit was nearly flat at RMB127.6m.

• Property management remained the core business, generating 94.0% of revenue; focus remains on non-residential properties, particularly hospitals and public properties.

Financial highlights

• Revenue increased 3.0% YoY to RMB930.8m; gross profit decreased 0.2% to RMB127.6m.

• Profit for the year rose 1.9% to RMB46.3m; basic and diluted EPS increased to RMB0.16 from RMB0.15.

• Operating costs included RMB803.1m cost of services, up 3.5%; administrative expenses rose 6.8% to RMB78.4m, while selling expenses fell 56.6% to RMB0.7m.

• Net cash used in operating activities was RMB86.3m, primarily reflecting a RMB95m prepayment for capital investment.

Outlook and guidance

• Strategy centers on deepening core strengths, diversifying growth channels and innovating smart services.

• Plans include organic expansion and M&A in Shandong, plus entry into developed neighboring regions such as the Yangtze River Delta and Beijing-Tianjin-Hebei.

• Value-added services are a development priority; expansion targets include high-end hospitals and public properties.