Jifeng Co., Ltd.: Achieve a net profit of 454 million yuan by 2025, turning losses into profits year-on-year

Jifeng Shares released its 2025 annual report on the evening of March 27. In 2025, the company achieved operating revenue of 22.783 billion yuan, up 2.37% year-on-year from the same period last year, and realized net profit attributable to shareholders of 454 million yuan, turning a loss into a profit year-on-year.

The company said that the reason for the turnaround to profitability in 2025 was the all-around implementation of cost reduction and efficiency improvement, as well as the emergence of economies of scale in its passenger vehicle seat business, which strengthened its profit-making ability.

Public information shows that the company is a global auto parts supplier specializing in the development, production, and sales of automotive interior components and their systems, passenger vehicle seats, and suspension driver and passenger seats for road vehicles and non-road vehicles.

In 2025, a number of Jifeng Shares’ financial indicators improved significantly. Among them, the company’s gross margin was 16.09%, up 2.05 percentage points from 2024, and reached the highest annual gross margin in nearly five years. The company’s revenue from its passenger vehicle seat business was 5.619 billion yuan, up 80.68% year-on-year from the same period last year. Net profit attributable to shareholders was 101 million yuan, up significantly year-on-year. In 2026, based on the 2025 foundation, the passenger vehicle seat business will strive to achieve 40%-80% growth in sales revenue, rapidly increasing its market share in China. At the same time, the company will continue to improve the strategic buildout of its customer structure, aiming to add more top-tier OEM customer accounts in 2026, and to secure more high-quality designated projects to lay a foundation for sustained growth in the future. The company will also strengthen its seat R&D capabilities in parallel, further enhancing innovation ability and project contracting capacity.

The company said that, adhering to the values of “simple,” “practical,” and “efficient,” and the mission of “providing customers with products and solutions with extremely high cost performance, helping the global automotive manufacturing industry thrive,” it has continued to advance and implement an intelligent cockpit strategy centered on passenger vehicle seats, striving to grow into a leading automotive parts company in China and globally, moving toward the “Centennial Jifeng” vision.

Notably, on the evening of March 27, Jifeng Shares released its 2025 profit distribution plan: cash dividend of 1.07 yuan per 10 shares (including tax). (Wang Luо)

[Source: China Securities Network_CSF Quick News]