Shaanxi Jinye Performance Brief: Loss of 224 million yuan in 2025, turning from profit to loss year-over-year

People’s Finance News, April 3—Shaanxi Jinye (000812) released its performance brief on April 3. In 2025, it achieved total operating revenue of 1.4B yuan, down 3.11% year over year. Net profit attributable to shareholders of the listed company was a loss of 224 million yuan, compared with a profit of 42.0156 million yuan in the same period last year. During the reporting period, the company’s net profit fell sharply year over year. The main reasons were: (1) at the end of the reporting period, it recognized impairment provisions for goodwill and other long-term assets; (2) Xi’an Mingde Polytechnic College, a subsidiary under the company’s education business, increased operating costs such as day-to-day teaching expenses and labor costs by further strengthening the construction of a high-quality faculty team to improve education and teaching quality; and (3) in the tobacco-related packaging segment, net profit declined year over year due to intensified market competition in the cigarette-label business, continuously decreasing tender prices for label products, and product-structure factors.