Qingdao Holdings' revenue in 2025 is approximately 296 million yuan, with the parent company's attributable loss of about 43.61 million yuan.

Rui Si Network News: On March 25, Qingdao Holdings International Co., Ltd. (stock code: 00499) announced its consolidated results for the year ending December 31, 2025. The report shows that the company’s annual revenue was approximately 296 million RMB (same unit below), a decrease of about 33.15% compared to last year; the loss attributable to equity holders of the parent company was approximately 43.61 million RMB, an increase of about 25.43% year-on-year; the basic loss per share was 4.37 cents RMB.

In terms of revenue composition, the total revenue from continuing operations was 296 million RMB, mainly including sales revenue from technology products of 192 million RMB and rental income of 104 million RMB. Among them, the sales revenue from technology products decreased by approximately 41.81% year-on-year, mainly affected by the unstable global economic situation, leading to cautious behavior in clients signing sales contracts; rental income decreased by approximately 7.76% year-on-year, primarily due to unfavorable conditions in the Hong Kong office leasing market.

Regarding costs and expenses, the cost of goods sold was approximately 127 million RMB, the loss on the fair value change of investment properties was approximately 226 million RMB, the net impairment of financial assets accounted for at amortized cost was approximately 49.44 million RMB, employee benefits expenses were approximately 137 million RMB, other operating expenses were approximately 143 million RMB, and financing costs were approximately 156 million RMB.

In terms of asset status, as of December 31, 2025, the company’s total assets were approximately 678 million RMB, a decrease of about 6.76% compared to the beginning of the year; total liabilities were approximately 395 million RMB, an increase of about 1.76% compared to the beginning of the year; net asset value was approximately 283 million RMB, a decrease of about 16.50% compared to the beginning of the year. The debt-to-asset ratio (the ratio of net debt to net debt plus equity) was 47%, an increase of 12 percentage points compared to the beginning of the year.