Yaoji Technology (002605): Earnings Under Temporary Pressure; Seizing the Short-Form Drama Trend for Renewed Growth

Event Recap: The company released its 2025 annual report and Q1 2026 quarterly report. For the full year of 2025, the company reported revenue of RMB 2.689 billion, down 17.8% year-over-year; attributable net profit was RMB 467 million, down 13% year-over-year.

China Postal SecuritiesJun 9 13:52

Guolian Minsheng Securities: Multiple products showed positive performance in May; remains optimistic on the continued strength of the gaming sector in Q2

The gaming industry continues to experience robust growth, and the bank maintains a positive outlook on earnings prospects for high-quality gaming companies currently trading at relatively low valuations.

Zhitong FinanceJun 5 11:37

Yaoji Technology (002605.SZ): Repurchased 52,300 shares of the company's stock for the first time

Gelonghui, May 26 — Yaoji Technology (002605.SZ) announced that on May 26, 2026, the company repurchased 52,300 of its shares for the first time through its dedicated securities account for share repurchases via centralized bidding transactions, representing approximately 0.0125% of the company's total share capital. The highest transaction price for this repurchase was RMB 18.92 per share, the lowest was RMB 18.44 per share, and the total transaction amount was RMB 980,314 (excluding transaction fees).

Gelonghui FinanceMay 26 17:27

Hualong Securities: Media sector earnings to fully recover in 2025, with a temporary pullback in Q1 2026

In 2025, the gaming sector experienced explosive growth, achieving revenue of RMB 114.919 billion, an increase of 23.00% year-over-year; attributable net profit reached RMB 13.684 billion, surging by 222.15% year-over-year. This growth was primarily driven by optimized product mix, improved cost control, and alleviated impairment pressures.

Zhitong FinanceMay 20 11:18

Yaoji Technology (002605): AI-driven marketing and gaming remain promising; the star player card business holds potential.

The base production facility for 600 million decks of playing cards per year has entered the trial production phase. In 2025, the company's total revenue reached 2.689 billion yuan (a year-on-year decrease of 17.8%), with a net profit attributable to shareholders of 467 million yuan (a year-on-year decrease of 13.34%). Playing cards were part of the revenue.

Huaxin SecuritiesMay 18 16:22

Yaoji Technology (002605) Annual Report and Q1 Commentary: Revenue and Profit Under Short-Term Pressure, Robust Profitability

Revenue and net profit declined simultaneously in 25 years, with gross margin stabilizing and sales expenses optimized. 1) In 2025, the company achieved operating revenue of 2.689 billion yuan and attributable net profit of 467 million yuan, representing year-on-year decreases of 17.80% and 13.34%, respectively.

Guosen SecuritiesMay 9 18:42