Jiansheng Group's net profit attributable to the parent company in 2025 increased by 24.6% to 405 million yuan

On March 12, Jian Sheng Group (603558) announced its 2025 annual report. The company’s operating revenue was 2.59 billion yuan, up 0.6% year-over-year; net profit attributable to shareholders was 405 million yuan, up 24.6%; net profit excluding non-recurring gains and losses attributable to shareholders was 335 million yuan, up 4.3%; net operating cash flow was 606 million yuan, a 77.0% increase; EPS (fully diluted) was 1.1818 yuan.

In the fourth quarter, the company’s operating revenue was 703 million yuan, up 8.1% year-over-year; net profit attributable to shareholders was 96.32 million yuan, up 56.0%; net profit excluding non-recurring gains and losses was 96.20 million yuan, up 50.7%; EPS was 0.2811 yuan.

As of the end of the fourth quarter, the company’s total assets were 3.873 billion yuan, a 0.8% decrease from the end of the previous year; net assets attributable to shareholders were 2.346 billion yuan, down 6.1% from the previous year.

In the 2025 annual report, the company stated that its main business is the production and manufacturing of knitted sportswear, including cotton socks and seamless apparel. The company provides ODM and OEM services for globally renowned brands, maintaining a stable operating model.

During the reporting period, the cotton sock business faced inventory reduction pressures from European and American clients. However, through flexible capacity adjustments, the cotton sock segment achieved record-high operating efficiency. The seamless apparel business, after management efficiency improvements and team restructuring, saw a 40% increase in net profit, indicating that the business has exited the adjustment phase and entered a new stage of profit realization.

Additionally, the company made new progress in its global layout, especially with investment and construction projects in Egypt, to counter trade protectionism and optimize its global production footprint, further reducing operational costs. Overall, the company demonstrated strong resilience and adaptability in a complex market environment.