Chinasoft International Limited released its audited results for the year ended 31 December 2025.

Revenue and Profitability • Group revenue edged up 0.50% year-on-year (YoY) to RMB 17.03 billion, supported by 2.30% growth in service revenue to RMB 16.69 billion. • Gross profit declined 7.30% to RMB 3.47 billion; gross margin slipped to 20.4% from 22.1% in 2024, reflecting business-mix shifts and workforce-optimisation costs. • Profit for the year dropped 36.70% to RMB 323.51 million. Profit attributable to shareholders fell 37.30% to RMB 321.45 million. • Basic earnings per share decreased to RMB 12.84 cents (2024: RMB 20.01 cents). • Adjusted profit before tax, which excludes a RMB 177.25 million one-off severance charge and a RMB 103.84 million goodwill impairment, was broadly stable at RMB 681.96 million (+0.20% YoY), implying a 4.0% adjusted PBT margin.

Costs and Expenses • Cost of sales and services increased 2.60% to RMB 13.56 billion. • Selling and distribution expenses fell 1.70% to RMB 860.48 million, equal to 5.1% of revenue. • Administrative expenses were cut by 11.0% to RMB 1.09 billion (6.4% of revenue). • Research & development spending rose 14.9% to RMB 1.04 billion, lifting the R&D ratio to 6.1%. • Finance costs contracted 32.10% to RMB 119.45 million after partial refinancing of higher-cost debt.

Cash Flow and Balance Sheet • Cash, term deposits and pledged deposits totalled RMB 4.95 billion, up from RMB 4.75 billion a year earlier. • Net current assets improved to RMB 7.34 billion (2024: RMB 6.69 billion), giving a current ratio of 2.3. • Total borrowings stood at RMB 4.71 billion; the group remained in a net cash position, with a net gearing ratio of ‑2.0%.

Operational Highlights • Sales from full-stack, full-scenario AI products and services doubled to approximately RMB 2.00 billion, underpinning topline stability. • Employee headcount rose 3.9% YoY to 78,030 as the company staffed AI-focused initiatives. Technical staff represented 96.2% of the workforce. • The customer base included 1,884 active clients, with the top five contributing 57.9% of service revenue.

Dividend The board recommends a final dividend of HK$0.0466 per share, subject to shareholder approval at the annual general meeting on 20 May 2026. The dividend will be paid on 29 June 2026 to shareholders on record as of 12 June 2026.

Corporate Developments During the period, Chinasoft reorganised into a single operating segment reflecting its shift towards “full-stack full-scenario AI” offerings and HarmonyOS ecosystem services. No significant acquisitions, disposals or capital commitments were recorded, and the group reported no material contingent liabilities.

Outlook Management plans to deepen AI software and hardware integration, expand industry solutions, and continue cost-efficiency measures, while maintaining disciplined capital allocation and a net cash balance sheet.