Shandong Extreme Vision Technology (6636) H2 2025 earnings summary

Executive summary

• Revenue grew 13.5% year-over-year to RMB292.1 million, driven by growth in standard AI computer vision and software-defined All-in-One AI solutions.

• Gross profit increased 17.0% to RMB121.1 million, with gross margin rising to 41.5%.

• The year ended with a net loss of RMB45.8 million, compared to a profit of RMB8.7 million in 2024, mainly due to higher R&D and listing expenses.

• The company ranked eighth in China's emerging computer vision solution market by revenue in 2024.

Financial highlights

• Revenue: RMB292.1 million (up 13.5% YoY); gross profit: RMB121.1 million (up 17.0% YoY).

• Net loss: RMB45.8 million (vs. net profit of RMB8.7 million in 2024).

• Total assets: RMB486.3 million; total liabilities: RMB270.6 million; total equity: RMB215.7 million as of Dec 31, 2025.

• Adjusted (non-IFRS) loss: RMB10.3 million (vs. adjusted profit of RMB20.5 million in 2024).

Outlook and guidance

• Plans to enhance infrastructure platforms, invest in R&D, expand marketing, upgrade AI talent pool, and pursue global expansion.

• No material adverse changes in business, financial, or regulatory environment since year-end.