On January 29, Transsion Holdings unveiled its 2025 performance outlook, forecasting an approximate revenue of 65.568 billion yuan, marking a 4.58% decline year-on-year. The net profit attributable to shareholders is projected to plummet to around 2.546 billion yuan, a staggering 54.11% drop compared to the previous year. Additionally, the net profit after deducting non-recurring gains and losses is estimated to reach approximately 1.904 billion yuan, reflecting a 58.06% decrease year-on-year.
The primary factors contributing to this performance downturn include escalating supply chain costs, with surging component prices exerting downward pressure on gross margins. Moreover, the company has also witnessed a surge in sales expenses and research and development (R&D) investments, further exacerbating the situation.
