JF SmartInvest (9636) projects revenue of approximately RMB3,430 million for the year ended December 31, 2025, an increase of around RMB1,124 million compared to the previous year. Gross billing is expected to reach roughly RMB3,955 million, marking a rise of about RMB449 million over the same period. The company anticipates a Non-HKFRS adjusted profit of between RMB1,000 million and RMB1,030 million, compared to approximately RMB351 million previously. Meanwhile, net profit attributable to shareholders is estimated at RMB900 million to RMB930 million, up from RMB272 million.
According to the announcement, the strong performance is driven by the recognition of advance billings from the previous reporting period, ongoing expansion into a diversified product structure, and the deepening of AI-enabled services to extend customer lifecycles. Improvements in product and service quality also boosted customer satisfaction and retention, contributing to a repurchase rate of over 60%. In addition, steady capital market activity further supported the continued rise in demand for the company’s offerings.
Approximately RMB1,530 million in contract liabilities at the end of the reporting period is expected to be recognized as revenue next year. The figures are derived from preliminary management accounts, which have not been audited or reviewed, and remain subject to finalization. Investors are advised to exercise caution when evaluating the company’s prospects and performance based on these estimates.