Laiyifen's revenue in 2025 reached 3.819 billion yuan, increasing by 13.31% year-on-year, while the net loss attributable to shareholders was 161 million yuan. A decline in gross margin led to a negative net profit margin.

In 2025, the company's revenue increased by 13.31% year-on-year to RMB 3.819 billion, but the net profit attributable to shareholders recorded a loss of RMB 161 million, turning from profit to loss compared with the previous year. The gross profit margin dropped significantly by 9.84 percentage points to 28.98%, while rising sales expenses further eroded profitability, resulting in a net profit margin of -3.86%. The business remains highly concentrated in the East China region, accounting for 88.56% of total operations, while cash flow declined by 39.27% year-on-year, increasing liquidity pressure. Additionally, R&D investment continued to contract, and adjustments were made to the corporate governance structure.

lanjinger.comApr 29 14:27

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