Shanghai Turbo posts FY2025 net profit of RMB2.3m, reversing RMB6.2m loss on 9% revenue growth and doubled other income, but burns RMB18.4m in operating cash
Summary:
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Revenue rose 9% to RMB91.7 million, with gross profit up 21% to RMB19.4 million as higher sales volumes and improved pricing outpaced a 6% increase in cost of sales.
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The Group swung to a net profit of RMB2.3 million (RMB1.9 million attributable to shareholders) from a RMB6.2 million loss in FY2024, helped by a 95% jump in other income to RMB8.2 million and lower distribution, administrative and finance expenses.
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Despite the earnings turnaround, operating cash flow moved to a RMB18.4 million outflow from a RMB16.1 million inflow, driven by a RMB16.9 million build‑up in inventories and an RMB11.5 million increase in trade and other receivables.
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Total borrowings climbed to RMB89.9 million (RMB62.5 million short term and RMB27.4 million long term), pushing total liabilities to RMB143.7 million versus RMB96.9 million a year earlier, while cash and bank balances fell 26% to RMB9.0 million.
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Net assets edged up to RMB10.0 million (RMB0.326 NAV per share) from RMB7.6 million as accumulated losses narrowed; the Group did not declare any dividend for FY2025.