332.344 billion, Luxshare Precision announces 2025 results

On the evening of April 14, Luxshare Precision announced its 2025 annual report.

During the reporting period, the company achieved revenue of 332.344 billion yuan, a year-on-year increase of 23.64%; net profit attributable to the parent company was 16.6 billion yuan, a year-on-year increase of 24.20%; non-net profit after deduction was 14.169 billion yuan, a year-on-year increase of 21.16%.

During the reporting period, the company integrated its ODM business and R&D team to strengthen product design definition and underlying R&D capabilities; while helping many global leading customers to efficiently complete product design and mass production development, the company also promoted the accelerated introduction of a large number of precision components and module products to new and old customers, continuing to consolidate the fundamentals of the consumer electronics business.

During the reporting period, the company focused on expanding overseas markets on the basis of deepening cooperation with domestic leading cloud service providers on complete machines and core components, and achieved remarkable results in business expansion in North America. Relying on technology accumulation and quality assurance, many core component products have been recognized by mainstream overseas cloud service providers and computing power equipment manufacturers, and many key products have been successfully delivered.

In terms of communication infrastructure equipment, the company has successfully expanded its customers from major global communication equipment vendors. 5G network equipment continues to iteratively upgrade to 5G-A and achieve large-volume delivery; it simultaneously promotes the expansion of communication customers in vertical fields and completes new project development and trial production. It is expected to enter mass production ramp in 2026 and achieve stable batch supply in 2027-2028; microwave backhaul products have achieved breakthroughs. In terms of emerging businesses, in 2025, the company will promote the completion of the entire process of satellite communication terminals from design to mass production, build a full set of laboratories and complete machine production workshops, complete overall design and process optimization, and expect to achieve batch delivery in 2026.

On the same day, Luxshare Precision also disclosed its performance forecast for the first quarter of 2026. During the reporting period, the company expects to achieve net profits attributable to shareholders of listed companies of 3.652 billion to 3.713 billion yuan, a year-on-year increase of 20% to 22%.

Luxshare Precision stated that in the first quarter of 2026, the company's operations were affected by multiple factors including rising prices in the storage market and rising prices of upstream copper, aluminum, nickel and other bulk commodities. However, the company's overall performance still maintains a positive trend, including the continuous optimization and improvement of the internal operations of the subsidiary LEONI Group, which has also provided positive support to the company's overall operating performance.