Amounts expressed in millions of Renminbi (except for data per share and items specifically stated)
| For the year ended 31 December 2025 |
For the year ended 31 December 2024 |
Change | |
| OPERATING RESULTS | |||
| Revenue | 70,324 | 65,013 | +8.2% |
| EBIT | 1,828 | 2,218 | -17.6% |
| EBITDA | 2,590 | 2,852 | -9.2% |
| Profit for the year | 837 | 1,160 | -27.8% |
| Profit attributable to owners of the Company | 356 | 568 | -37.3% |
| FINANCIAL POSITION | |||
| Net cash from (used in) operating activities | 2,258 | (506) | -546.2% |
| Cash position * | 12,270 | 11,785 | +4.1% |
| Borrowings | 19,511 | 16,383 | +19.1% |
| Equity attributable to owners of the Company | 17,479 | 18,238 | -4.2% |
| Working capital | 8,775 | 12,388 | -29.2% |
| Bills receivables | 2,014 | 2,343 | -14.0% |
| Trade receivables | 9,809 | 10,991 | -10.8% |
| Inventories | 15,644 | 10,829 | +44.5% |
| KEY RATIOS | |||
| Gross profit margin (%) | 12.8 | 13.5 | -0.7pp |
| EBIT margin (%) | 2.6 | 3.4 | -0.8pp |
| EBITDA margin (%) | 3.7 | 4.4 | -0.7pp |
| Profit margin (%) | 1.2 | 1.8 | -0.6pp |
| ROE (%) | 2.0 | 3.1 | -1.1pp |
| Debt to equity (%) ** | 84.6 | 70.8 | +13.8pp |
| Current ratio (times) | 1.2 | 1.3 | -7.7% |
| Trade receivables turnover period (days) *** | 65 | 70 | -7.1% |
| Inventories turnover period (days) *** | 80 | 69 | +15.9% |
| DATA PER SHARE | |||
| Earnings per share – Basic (RMB cents) | 17.79 | 24.59 | -27.7% |
| Earnings per share – Diluted (RMB cents) | 17.79 | 24.59 | -27.7% |
| Dividend per share (HK cents) | - | - | - |
| Book value per share (RMB cents) | 1,218.81 | 1,034.47 | +17.8% |
| SHARE INFORMATION AT FINANCIAL YEAR END | |||
| Skyworth Group Limited (shares are listed in Hong Kong, stock code: 00751) | |||
| Number of shares in issue (million) | 1,892 | 2,237 | -15.4% |
| Market capitalisation (HK$ million) | 8,874 | 7,090 | +25.2% |
| Skyworth Digital Co., Ltd. (shares are listed in Shenzhen, stock code: 000810) | |||
| Number of shares in issue (million) | 1,142 | 1,150 | - |
| Market capitalisation (RMB million) | 13,448 | 18,311 | -26.0% |
| * | Cash position refers to pledged and restricted bank deposits, cash and cash equivalents |
| ** | (Bank borrowings and other interest-bearing borrowings)/total equity |
| *** | Calculation based on average inventory; average sum of bills receivables and trade receivables |
