Anchean Inspection Posts 178 Million Yuan Net Loss in 2025

Anchean Inspection Releases 2025 Annual Results, Losses Still Exceed 100 Million Yuan

36Kr has learned that Shenzhen Anchean Inspection Co., Ltd. recently released its 2025 annual performance report. According to the report, the company achieved full-year revenue of 439 million yuan, a year-on-year decline of 2.03%. The net loss attributable to shareholders of the listed company was 178 million yuan, with basic earnings per share of -0.88 yuan.

Notably, although the loss remains substantial, it has narrowed compared to the 213 million yuan loss in the prior year, representing a reduction of approximately 16.4%.

Revenue Dips Slightly as Profitability Remains Under Pressure

On the revenue front, Anchean Inspection's 2025 revenue of 439 million yuan represented a 2.03% year-on-year decline, indicating that the company's core business continues to face market headwinds. As a listed company in China's motor vehicle inspection sector, Anchean Inspection's primary business encompasses the R&D, manufacturing, and sales of vehicle inspection systems and IT-based networked supervision systems.

In recent years, policy adjustments in the vehicle inspection industry and intensifying market competition have posed growth challenges across the sector. The rollout of optimized inspection frequency policies, while benefiting vehicle owners, has also dampened demand for inspection equipment to a certain extent.

No Dividends or Bonus Shares as Company Focuses on Operational Recovery

Regarding profit distribution, the company plans no form of profit distribution for the year — zero cash dividends, zero bonus shares, and zero capitalization shares per 10 shares. This decision is unsurprising given the company's ongoing losses and signals that management prefers to preserve cash flow to support continued operations and business restructuring.

Challenges and Opportunities in an Industry in Transition

The motor vehicle inspection industry is currently undergoing a period of profound transformation. On one hand, traditional inspection businesses face adjustments driven by both policy changes and market dynamics. On the other hand, the rapid growth in new energy vehicle ownership, the accelerating adoption of intelligent connected vehicles, and the deepening application of AI technology in the inspection field are creating new growth drivers for the industry.

Anchean Inspection has previously made strategic moves in intelligent inspection and big data analytics, integrating AI-powered visual recognition and intelligent diagnostics into inspection workflows in an effort to transition its products from traditional hardware equipment to "smart inspection solutions." While these investments have increased R&D and operational costs in the short term, they could prove to be the key to the company's path out of losses in the long run.

Outlook: Can the Loss-Narrowing Trend Continue?

Based on its 2025 performance, Anchean Inspection has yet to return to profitability, but the narrowing loss trend sends a cautiously positive signal. Whether the company can accelerate its intelligent transformation, optimize its cost structure, and capture incremental opportunities in the new energy vehicle inspection market will be the critical factors determining if and when it reaches a profitability inflection point.

For investors, Anchean Inspection's progress in reducing losses and the effectiveness of its business transformation warrant continued attention.