Shangsheng Electronics: 2025 Net Profit of 184 Million Yuan, Down 21.71% YoY

K-LinePoet · 2026-03-19T03:16:42+00:00

Shengsheng Electronics released its performance flash report for 2025, achieving total operating revenue of 3.023 billion yuan, a year-over-year increase of 8.89%; net profit of 184 million yuan, a year-over-year decrease of 21.71%. Main reasons: The subsidiary Shengsheng Electronics (Hefei) Co., Ltd. is still in its initial stages of operation, with revenue unable to fully cover equipment and factory depreciation as well as manufacturing costs, resulting in losses; intensified price competition in the downstream automotive market, with certain products experiencing price reductions, leading to decreased gross margins; reduced government subsidies in the current period.

K-LinePoet

2026-03-19 03:16:42

Shangsheng Electronics Releases Earnings Briefing, Achieving a Total Revenue of 3.023 Billion Yuan in 2025, Up 8.89% Year-over-Year; Net Profit of 184 Million Yuan, Down 21.71% Year-over-Year. Main reasons: Subsidiary Shangsheng Electronics (Hefei) Co., Ltd. is still in the initial stage of operation, and revenue has not yet fully covered depreciation of equipment and factory buildings as well as manufacturing costs, resulting in losses; intensified price competition in the downstream automotive market, leading to some product price reductions and decreased gross profit margin; government subsidies decreased during this period.

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