Crystal Rising Co., Ltd.: Net loss of 35.10 million yuan in 2025

K-LinePoet · 2026-03-21T03:46:57+00:00

Jingsheng Co., Ltd. announced its performance forecast for 2025, with total operating revenue of 227 million yuan, a decrease of 46.53% year-over-year, and a net loss of 35.0973 million yuan. The main reasons were industry adjustments and intensified competition in the silicon carbide sector, which led to a decline in sales gross profit and profit margins, as well as an increase in impairment provisions.

K-LinePoet

2026-03-21 03:46:57

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Jingsheng Co., Ltd. released its performance forecast, achieving a total operating revenue of 227 million yuan in 2025, a decrease of 46.53% year-on-year; net profit loss of 35.0973 million yuan, compared to a net profit of 53.7471 million yuan in the same period last year. In 2025, the company’s main financial indicators such as total operating revenue, net profit attributable to shareholders of the parent company, and net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses, have significantly decreased compared to the same period last year. This is mainly due to: adjustments in the silicon carbide industry, reduced demand for equipment products, intensified competition in the photovoltaic and silicon carbide industries, and declining product prices, leading to an overall decrease in gross profit and profit. At the same time, the company increased impairment provisions for risk items based on prudence.

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