Unisplendour (000938) H2 2025 earnings summary

Executive summary

• Achieved revenue of ¥96.75 billion in 2025, up 22.43% year-over-year, with net profit attributable to shareholders of ¥1.69 billion, up 7.19%.

• ICT infrastructure and services accounted for 79.43% of revenue, with strong growth in both domestic and international markets.

• Subsidiary H3C posted revenue of ¥75.98 billion, up 37.96%, and net profit of ¥3.15 billion, up 12.3%.

• Maintained leadership in China’s enterprise network, server, and security markets, with top-three market shares in key segments.

Financial highlights

• Operating income: ¥96.75 billion, up 22.43% year-over-year.

• Net profit attributable to shareholders: ¥1.69 billion, up 7.19% year-over-year.

• Operating cash flow: ¥3.49 billion, up 42.86% year-over-year.

• Gross margin: 14.59%, down 2.8 percentage points year-over-year.

• Basic and diluted EPS: ¥0.5893, up 7.19% year-over-year.

• Total assets: ¥96.32 billion, up 8.46% from prior year-end.

• Net assets attributable to shareholders: ¥14.75 billion, up 10.61%.

Outlook and guidance

• Plans to deepen AI and digital transformation solutions, focusing on high-value, high-potential products and global expansion.

• Will continue to invest in R&D and innovation, aiming for high-quality, sustainable growth.

• Expects to leverage “AI in ALL” and “AI for ALL” strategies to drive industry adoption and maintain market leadership.