Allwinner Technology's net profit after deducting non-recurring gains and losses is expected to grow nearly 100% year-on-year in 2025, with plans to distribute 2 yuan per 10 shares and convert into 2 additional shares.

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Reporter: Mei Jing | Writer: Wen Duo Editor: Huang Bowen

On March 26, Allwinner Technology (SZ300458, stock price 34.71 yuan, market value 28.651 billion yuan) released its 2025 annual report, stating that the company’s operating revenue for 2025 was 2.838 billion yuan, a year-on-year increase of 24.04%; net profit attributable to shareholders was 262 million yuan, a year-on-year increase of 57.20%.

Against the backdrop of a rebound in AIoT (Artificial Intelligence of Things) chip demand, Allwinner Technology achieved double growth in revenue and net profit due to the performance of its smart terminal application processor chip business, demonstrating the resilience of the company amid the recovery of the semiconductor industry.

Allwinner Technology’s 2025 business performance was strong. According to the annual report data, the company’s earnings per share for 2025 was 0.32 yuan. Additionally, the net profit after deducting non-recurring items reached 231 million yuan, nearly doubling year-on-year.

In 2025, Allwinner Technology’s revenue composition showed significant differentiation, with smart terminal application processor chips becoming the company’s primary source of income and growth engine. Data shows that this business achieved revenue of 2.428 billion yuan in 2025, a year-on-year increase of 23.70%, accounting for approximately 85.56% of total operating revenue, holding an absolute dominant position. Furthermore, the smart power management chip business also performed well, achieving revenue of 256 million yuan in 2025, an 18.91% year-on-year increase from 215 million yuan in 2024.

By region, Allwinner Technology’s overseas revenue grew by 11.32% year-on-year, reaching 761 million yuan in 2025.

Regarding the reasons for performance changes, Allwinner Technology previously mentioned that downstream market demand continued to grow, and the company actively expanded its product line business and promoted the mass production of new products. Revenue growth year-on-year was achieved in sub-markets such as robotic vacuum cleaners, intelligent vision, and smart industry.

The 2025 annual report further disclosed that the company’s AI robot chip MR536 has been successfully adopted by several leading industry clients and core solution providers. Multiple robot products, including robotic vacuum cleaners and lawnmowers built on this chip, have been launched and achieved large-scale shipments. Additionally, relying on the next-generation control-type robot chip MR153, the company collaborated with several major clients to develop entry-level service robot products and dedicated control modules.

In terms of non-recurring gains and losses, the company’s total non-recurring gain and loss items in 2025 amounted to 30.901 million yuan. Among them, government subsidies were 13.6678 million yuan, and gains from fair value changes of held or disposed trading financial assets and liabilities were 14.0196 million yuan. According to the previously released performance brief, the impact amount of non-recurring gains and losses on net profit was 30.31 million yuan.

Allwinner Technology continued to increase its investment in research and development, with R&D expenditure reaching 597 million yuan in 2025, including 359 million yuan for salaries and 117 million yuan for depreciation and amortization. The number of R&D personnel reached 769, accounting for 83.67% of the total workforce, showing the company’s high emphasis on technological innovation.

In terms of dividends, the company plans to distribute a cash dividend of 2.00 yuan (including tax) for every 10 shares to all shareholders, without issuing additional shares, while also converting 2 shares for every 10 shares from capital reserves to all shareholders.

Regarding shareholder changes, the structure of the top ten shareholders has remained stable yet changed. As of the end of 2025, Zhang Jianhui held 71.624 million shares (accounting for 8.68%), maintaining his position as the largest shareholder, followed by Ding Ran with 64.5513 million shares (accounting for 7.82%) in second place, and Hou Lirong with 62.8431 million shares (accounting for 7.61%) in third. Notably, the number of shares held by Hong Kong Central Clearing Limited (Shanghai Stock Connect) surged from 13.6212 million shares at the end of 2024 to 42.9497 million shares at the end of 2025, raising its shareholding ratio to 5.20%, indicating confidence in the company’s prospects.

Looking ahead to 2026, the annual report outlined the company’s operational plans in market and R&D areas, including actively exploring other products (such as lawnmowers, commercial robots, logistics robots, and embodied robots) as well as applications in various specialized robot fields; continuing to advance chip R&D work in the high-end projection and set-top box markets; continuing to expand the mass production of new products in the V series and developing new solutions in the security, automotive, and imaging wearables markets; and continuing to focus on intelligent cockpit scenarios, deeply engaging with leading automotive clients.

Cover image source: Every Day Media Library

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