SHUANGDENG (06960) Reports Annual Results: Profit Attributable to Owners Drops 27.68% to RMB 256 Million

Stock News
03/25

SHUANGDENG (06960) announced its annual results for the period ended December 31, 2025. The Group recorded revenue of RMB 5.083 billion, an increase of 13% year-on-year. Profit attributable to owners of the parent company was RMB 256 million, a decrease of 27.68% compared to the previous year. Basic earnings per share were RMB 0.67. The company proposed a final dividend of RMB 0.12 per share.

During the reporting period, the Group achieved an annual profit of approximately RMB 256 million. Short-term profitability experienced periodic fluctuations, influenced by factors such as volatility in raw material prices and adjustments to the product mix. With the gradual ramp-up of lithium battery production capacity for AIDC intelligent computing centers, ongoing optimization of the product structure, and the realization of economies of scale, the Group's overall profitability is expected to improve progressively, unlocking long-term growth potential.

As a globally leading new energy enterprise focused on energy storage for AIDC intelligent computing centers, new power energy storage, and communications energy storage, the Group is seeing further results from its business structure upgrades, driven by the rapid development of AI computing power.

For the reported fiscal year, the Group generated operating revenue of approximately RMB 5.083 billion, a year-on-year increase of about 13.0%. Revenue from lithium battery products accounted for approximately 38.7% of the Group's total revenue, up from about 33.3% in 2024, indicating structural growth. As the AIDC intelligent computing center energy storage business continues to scale up, the Group is accelerating its strategic transformation centered on this segment to achieve high-quality business development.

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