SHENZHOU INTL (02313) announced its annual results for the period ending December 31, 2025. The group achieved revenue of 309.94 billion yuan, representing an increase of 8.13% compared to the previous year. Equity attributable to owners of the parent company was 58.25 billion yuan, a decrease of 6.66% year-on-year. Earnings per share were 3.88 yuan, and the company proposed a final dividend of 1.2 Hong Kong dollars per share.

For the year ended December 31, 2025, sales of sportswear products accounted for approximately 67.7% of total sales. Sales in this category increased by about 5.9% compared to 2024, primarily driven by rising demand for sportswear products in the US and European markets.

Sales of casual wear products represented approximately 27.1% of total sales for the year. Sales in this segment saw a significant increase of about 16.7% compared to the previous year, mainly due to notably higher demand for casual wear in Japan and other markets.

Sales of innerwear products accounted for about 4.5% of total sales for the period. Sales in this category experienced a slight decline of approximately 2.3% compared to 2024, largely attributed to decreased demand for innerwear in the Japanese market.

The net profit after tax for the year ended December 31, 2025, was approximately 58.25 billion yuan, a decrease of about 6.7% from 2024. Key factors contributing to the decline in net profit included a one-time gain of approximately 331 million yuan from the disposal of equity in a wholly-owned subsidiary recorded in the previous year's profit. Additionally, the appreciation of the yuan against the US dollar in 2025 resulted in an exchange loss of about 256 million yuan, contrasting with an exchange gain of approximately 105.5 million yuan in 2024.