On August 28, Shanghai Xinnanyang Only Education & Technology Co.,Ltd. (600661) released its 2025 half-year report. The company achieved operating revenue of 632 million yuan, up 11.8% year-over-year. Net profit attributable to shareholders successfully turned around from a loss of 17.12 million yuan in the same period last year to a profit of 2.89 million yuan. Non-GAAP net profit attributable to shareholders improved from a loss of 17.18 million yuan last year to a loss of 1.22 million yuan, showing reduced losses. Net operating cash flow reached 118 million yuan, down 17.8% year-over-year, with fully diluted EPS of 0.0101 yuan.
In the second quarter specifically, the company recorded operating revenue of 323 million yuan, up 12.9% year-over-year. Net profit attributable to shareholders improved from a loss of 27.96 million yuan in the same period last year to a loss of 10.43 million yuan, showing reduced losses. Non-GAAP net profit attributable to shareholders also improved from a loss of 27.93 million yuan last year to a loss of 12.39 million yuan, with EPS of -0.0364 yuan.
As of the end of Q2, total assets reached 1.704 billion yuan, up 0.6% from year-end. Net assets attributable to shareholders stood at 57.98 million yuan, up 29.4% from year-end.
The company noted significant operational changes during the reporting period. It accelerated strategic adjustment and transformation, establishing a dual-curve strategic framework with four parallel business segments: quality education, vocational and basic education, international education, and adult education.
In the quality education segment, the company focused on non-academic businesses, enhancing teaching quality and product capabilities through a "User Growth Journey Evolution Model" and implementing a classified and tiered campus management mechanism, significantly stimulating business potential.
For vocational and basic education, the company integrated its basic education business during the reporting period, clarifying a development path of "trusteeship + consulting and planning + implementation services," primarily targeting secondary and higher vocational schools.
In international education, the company strengthened cooperation with high schools and international schools in Shanghai, expanded Japanese high school partnership programs, and developed standardized language training and study abroad consulting services for all age groups.
Additionally, the company explored entertainment brands targeting middle-aged and elderly consumer groups in adult education, committed to enriching the spiritual and cultural lives of elderly consumers.
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