Asia-Pacific Shares Doubles 2025 Net Profit, Automotive Electronics Drives Growth

Asia-Pacific Shares recently released its 2025 annual report, reporting full-year revenue of RMB 5.607 billion, an increase of 31.61% year-over-year, and net profit attributable to shareholders of RMB 490 million, surging 130.18% year-over-year. The strong earnings growth was primarily driven by the rapid expansion of its automotive electronic control systems business, which generated revenue of RMB 1.626 billion, up 59.54% year-over-year, accounting for 29% of total revenue—a notable increase in contribution. The company secured orders from major automakers including Changan, Geely, FAW Hongqi, and Leapmotor for its electronic products such as IBS and ESC, with nearly half of all newly launched projects during the year involving electronic control systems. Additionally, the company’s gross margin improved to 20.83%, and net operating cash flow reached RMB 1.349 billion, up 71.16% year-over-year. R&D investment totaled RMB 342 million, and the company is accelerating its global expansion—establishing a research and development center in Germany and constructing a production base in Morocco, both expected to commence operations in 2027. However, the company also cautioned about potential risks, including economic cycle fluctuations, intensifying market competition, volatility in raw material prices, and uncertainties regarding the progress of its fundraising-investment projects.