Zhongji Innolight Co.,Ltd., a leading manufacturer of optical modules, issued its preliminary financial results for the 2025 fiscal year on the evening of February 27. The report indicates that the company achieved annual total operating revenue of 38.24 billion yuan, representing a 60.25% increase compared to the 2024 fiscal year. Net profit attributable to shareholders of the listed company reached 10.799 billion yuan, marking a significant year-on-year growth of 108.81%. After adjusting for non-recurring gains and losses, the net profit was 10.71 billion yuan, up 111.32% from the previous year.
The company attributed the strong performance to robust investment in computing infrastructure by end customers, which drove rapid growth in product shipments. The proportion of high-speed optical modules within the product mix continued to rise. Furthermore, continuous optimization of product solutions and improvements in operational efficiency contributed to substantial growth in both revenue and net profit compared to the same period last year.
According to the announcement, the optical modules business segment generated a net profit of approximately 11.764 billion yuan during the reporting period. After excluding the impact of approximately 222 million yuan in share-based compensation expenses, the net profit for the optical modules business reached 11.986 billion yuan. This represents a significant increase compared to the net profit of approximately 5.66 billion yuan for the same segment in 2024, calculated on a comparable basis.
**Asset Scale Expands Simultaneously** Additionally, as of the end of 2025, Zhongji Innolight's total assets amounted to 45.53 billion yuan, an increase of 57.72% from the beginning of the period. Net assets attributable to shareholders of the listed company stood at 30.004 billion yuan, up 56.81% from the start of the year. Net asset value per share attributable to shareholders was 27 yuan, reflecting a 58.17% increase since the beginning of the period.
The company stated that the expansion in total assets and net assets was primarily driven by revenue growth and the enlargement of operational scale, leading to corresponding increases in cash and cash equivalents, inventory, and accounts receivable by the end of the period.
In secondary market trading, Zhongji Innolight's shares closed at 534 yuan per share on February 27, experiencing a single-day decline of 6.68%. The company's stock price has decreased by 12.46% year-to-date.
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