HANS CNC reported record-high financial results for the year ended 31 December 2025, driven by robust demand for AI computing power printed circuit board (PCB) equipment.
\n\nRevenue surged 72.68% year on year to RMB 5.77 billion, while gross profit more than doubled to RMB 1.97 billion, lifting gross margin by 6.94 percentage points to 34.09%.
\n\nNet profit attributable to shareholders soared 173.68% to RMB 824.27 million, pushing basic earnings per share to RMB 1.95 from RMB 0.72 a year earlier. Profit margin attributable to owners of the parent expanded to 14.28% from 9.01%.
\n\nDrilling equipment remained the primary growth engine, contributing RMB 4.17 billion, up 98.38% and accounting for 72.19% of total revenue. Testing equipment sales almost doubled to RMB 533.52 million. Photolithography equipment revenue edged down 5.33% to RMB 322.18 million.
\n\nRegionally, South China generated 56.69% of revenue, while overseas markets delivered RMB 609.13 million, a 68.30% increase.
\n\nR&D spending reached RMB 457.54 million, equal to 7.93% of revenue, underpinning product innovations for high-precision PCB applications in AI computing.
\n\nOperating cash inflow rose 16.53% to RMB 180.61 million. Net cash used in investing narrowed sharply to RMB 154.44 million after major capital projects neared completion, and financing cash inflow grew to RMB 252.39 million on new borrowings and proceeds from share option exercises.
\n\nTotal assets increased 47.71% to RMB 10.62 billion, while total liabilities doubled to RMB 4.53 billion, lifting the gearing ratio to 42.68%. Equity attributable to owners of the parent climbed 18.41% to RMB 6.07 billion.
\n\nThe Board recommends a cash dividend of RMB 6 (tax inclusive) for every 10 shares, equivalent to RMB 0.60 per share, subject to shareholder approval.
\n\nHANS CNC completed its H-share listing in Hong Kong on 6 February 2026, establishing an A+H share structure to support global expansion.
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