China Automotive Interior Decoration Holdings Limited reported a loss attributable to shareholders of RMB20.77 million for the year ended 31 December 2025, reversing the prior-year profit of RMB27.38 million. Basic loss per share was RMB0.1008, versus earnings per share of RMB0.1430 in 2024.

Revenue fell 20.6% to RMB102.03 million, driven by a 26.9% decline in automotive floor-carpet sales to RMB63.05 million and a 7.8% decrease in other automotive parts sales to RMB38.98 million. Gross profit contracted to RMB10.47 million, representing a margin of 10.3% (2024: 16.4%).

Operating loss widened to RMB19.36 million (2024: RMB7.91 million), primarily due to:

• RMB24.45 million impairment on property, plant and equipment and RMB0.85 million impairment on right-of-use assets. • Administrative expenses rising 18.8% to RMB20.67 million. • Partially offset by a RMB7.16 million reversal of expected credit losses and an RMB8.23 million fair-value gain on financial assets at fair value through profit or loss.

Finance costs were trimmed 11.8% to RMB1.29 million. After tax expense of RMB0.12 million (2024: RMB36.76 million credit), net loss stood at RMB20.77 million.

Balance-sheet highlights:

• Total assets: RMB271.76 million (+1.3%). • Equity: RMB186.77 million (+4.3%), supported by a late-December rights issue that added 262.67 million shares and gross proceeds of HK$34.10 million; net proceeds of HK$32.00 million were receivable on 2 January 2026. • Cash and bank balances: RMB45.46 million (-8.0%). • Bank borrowings: RMB35.00 million (+40.0%). • Current ratio improved to 2.75 (2024: 2.20) and gearing (total liabilities/total assets) eased to 31.3% (2024: 33.2%).

Investments:

Financial assets at fair value through profit or loss rose to RMB34.06 million (2024: RMB26.59 million), including positions in seven Hong Kong-listed equities. The portfolio generated a net fair-value gain of RMB8.23 million.

Associates contributed a profit of RMB1.07 million (2024: RMB0.12 million), mainly from the 42% stake in GEO Securities Limited.

Dividend:

The board did not recommend a dividend for FY2025 (FY2024: Nil).

Outlook:

Management cited rising crude-oil-linked raw-material costs and intensified competition as ongoing challenges. Capital from the December rights issue will largely fund upgrading and expansion of mainland production lines, with deployment targeted by 1H 2027. No material post-balance-sheet events were reported up to the announcement date of 30 March 2026.