VCREDIT(02003.HK): 2026 Interim Report - Profit Attributable to Shareholders stood at CNY 13.38 million, YoY decrease of 93.81%

August 24, 2026, VCREDIT(02003.HK) released its Interim Report for the period ended December 31, 2026, Total Revenue stood at CNY 969.21 million, decreased by 61.23% YoY; Net Profit stood at CNY 11.98 million, YoY decrease of 94.46%; Profit Attributable to Shareholders stood at CNY 13.38 million, YoY decrease of 93.81%; Basic Earnings Per Share (EPS) stood at CNY cents 3.
In terms of profitability, VCREDIT net profit changed from CNY 215.99 million in the same period last year to CNY 11.98 million in the current period, decreased by CNY 204.01 million; net profit margin changed from 8.64% in the same period last year to 1.24% in the current period, decreased by 7.4 percentage points.
In terms of earnings quality, VCREDIT Operating Profit changed from CNY 279.45 million in the same period last year to CNY 25.36 million in the current period, decreased by CNY 254.09 million; Operating Profit Margin changed from 11.18% in the same period last year to 2.62% in the current period, decreased by 8.56 percentage points.
In terms of financial soundness, VCREDIT Debt-to-Asset Ratio changed from 67.24% in the same period last year to 27.66% in the current period, decreased by 39.58 percentage points; Total Equity changed from CNY 4.751 billion in the same period last year to CNY 3.948 billion in the current period, decreased by CNY 803.63 million.
In terms of R&D investment focus, VCREDIT R&D Expenses changed from CNY 58.46 million in the same period last year to CNY 38.25 million in the current period, decreased by CNY 20.21 million; R&D to Total Revenue Ratio changed from 2.34% in the same period last year to 3.95% in the current period, increased by 1.61 percentage points.

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