Suxin Joyful Life Services (2152) H2 2025 earnings summary

Executive summary

• FY25 revenue rose 5.2% YoY to RMB972.7m and profit for the year increased 3.8% to RMB68.7m; gross margin held at 17.5%.

• City services drove growth, while commercial and residential property management and leasing revenue declined; contracted GFA reached 29.7m sq.m.

• Proposed final cash dividend was RMB0.3628 per share, subject to shareholder approval.

Financial highlights

• Revenue was RMB972.7m, up 5.2% YoY; gross profit rose 5.4% to RMB170.6m, with gross margin unchanged at 17.5%.

• Profit before tax increased to RMB91.2m from RMB87.8m; profit for the year rose to RMB68.7m from RMB66.2m.

• Profit attributable to owners was RMB66.8m versus RMB65.3m; basic and diluted EPS increased to RMB0.66 from RMB0.65.

• Administrative expenses rose to RMB68.2m from RMB54.5m, mainly due to higher depreciation, credit impairment losses and taxes; impairment of receivables increased to RMB9.0m from RMB5.5m.

• Other income and gains fell to RMB9.6m from RMB12.6m, including no repeat of the prior-year RMB3.1m foreign-exchange gain and lower interest income.

Outlook and guidance

• In 2026, priorities include labor and procurement cost control, regional integration, unattended operations and streamlined city-service cleaning models.

• Plans include expanding across the Yangtze River Delta, refining service standards and adding value-added services such as charging piles, repairs and renovations.

• Digital initiatives include piloting AI robots for fire surveillance, cleaning, security patrols, parcel delivery and customer service, with a robotics demonstration project planned at Taihu Embodied Intelligence Industrial Park.