Hong Kong – SuperRobotics Holdings Limited (SuperRobotics, 08176) released its audited financial results for the year ended 31 December 2025.
Revenue & Profitability • Revenue slipped 0.9% year-on-year to HK$29.62 million, weighed by a 40.3% drop in the food-trading unit to HK$0.36 million. • Engineering Business Operations remained the core contributor, accounting for 98.8% of total revenue at HK$29.26 million (-0.1% YoY). • Cost-of-sales contracted sharply to HK$9.92 million from HK$26.68 million, lifting gross profit to HK$19.70 million and gross margin to 66.5% (2024: 10.8%). • Operating profit increased to HK$8.36 million (2024: HK$0.78 million). • Finance costs rose 7.0% to HK$24.28 million, mainly from imputed and contractual interest on borrowings. • Net loss narrowed 27.3% to HK$15.92 million; loss attributable to shareholders was HK$11.60 million, equal to a basic loss per share of 1.74 HK cents.
Segment Performance Engineering: Stable revenue at HK$29.26 million; segment result turned to HK$19.45 million profit (2024: HK$2.30 million). Food Sales: Revenue fell to HK$0.36 million; segment loss widened to HK$3.12 million.
Balance Sheet & Liquidity • Cash and cash equivalents fell to HK$8.04 million (2024: HK$14.04 million). • Trade receivables surged to HK$32.56 million (2024: HK$6.03 million), reflecting billing on recently completed engineering projects. • Total borrowings climbed to HK$162.83 million, all secured and largely renminbi-denominated; current portion represents 98.4% of total debt. • Net liabilities widened to HK$169.78 million (2024: HK$161.95 million); net current liabilities deepened to HK$164.18 million. • Going-concern risk flagged; auditors referenced material uncertainties, though management cites post-year-end refinancing and order intake as mitigating factors.
Capital Moves • 108.04 million new shares were issued via debt capitalisation, raising share capital to HK$71.55 million. • No dividend was declared.
Post-Balance-Sheet Event On 15 March 2026, non-controlling shareholder Huizhou Jindasheng Investment Ltd. agreed to provide an interest-free, three-year facility of RMB142.66 million (HK$158.52 million) secured on subsidiary equity, mainly for refinancing existing debt.
Outlook Management plans to deepen R&D and expand AI, cloud, smart-home and retail initiatives while seeking additional funding channels to stabilise the capital structure and support Engineering order growth.