Huizhiwei: Net profit loss of 227 million yuan in 2025

Hitech Smart Micro releases an earnings quick report. In fiscal year 2025, it achieved operating revenue of 811 million yuan, up 54.84% year over year; net profit was a loss of 227 million yuan, compared with a loss of 438 million yuan in the same period last year. During the reporting period, the company remained focused on its core business of radio-frequency front-end chips. It adhered to a dual-engine approach driven by technological innovation and market expansion, steadily advancing product iteration and upgrades, solution optimization, and in-depth expansion of key customers. Overall operating quality improved compared with the same period last year: operating revenue grew year over year, and the loss scale continued to narrow. During this period, the company improved its gross margin by optimizing its product structure and lowering procurement costs, which drove an increase in sales profit compared with the same period last year. At the same time, the government subsidies related to income that were recognized increased year over year, and research and development expenses decreased compared with the same period last year. The foregoing factors collectively resulted in a net loss that was smaller than in the same period last year.