Stock Track | HIPINE Soars 6.09% Intraday on Strong Annual Results Showing Doubled Profit

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HIPINE's stock surged 6.09% during intraday trading on Wednesday, following the release of its robust annual financial results for the year ended December 31, 2025.

The significant price increase is directly attributed to the company's impressive financial performance. HIPINE reported that its revenue grew 33.8% year-on-year to RMB610.84 million, while net profit more than doubled, soaring 106.5% to RMB101.90 million. Basic earnings per share increased to RMB2.00 from RMB1.02 in the previous year.

The company's profitability was bolstered by an improved gross profit margin, which expanded to 31.5% from 27.2% in 2024. This margin improvement was primarily driven by the watch product segment, where a reduction in the average gold content of traditional watches sold led to lower production costs. The revenue growth was fueled by a substantial increase in accessories sales, mainly from ODM business income generated from sales of gold products to a key customer.

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