---
title: "Under the drive of AI demand, PCB leader WUS expects a 42% year-on-year revenue growth and a 48% year-on-year increase in net profit attributable to the parent company in 2025 | Financial Report Insights"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/273833762.md"
description: "Driven by the demand for AI and high-speed computing, WUS's revenue in 2025 is expected to be approximately 18.9 billion yuan, with a net profit attributable to the parent company of about 3.822 billion yuan, representing year-on-year growth of approximately 42% and 47.74%, respectively. The weighted average return on net assets reaches 28.57%, indicating a continuous improvement in profitability; the net profit excluding non-recurring items is basically comparable to the net profit attributable to the parent company, reflecting high profit quality. The company's total asset scale has increased to approximately 28.3 billion yuan, a year-on-year growth of 33.40%, with asset expansion outpacing profit growth"
datetime: "2026-01-27T11:17:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273833762.md)
  - [en](https://longbridge.com/en/news/273833762.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273833762.md)
---

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# Under the drive of AI demand, PCB leader WUS expects a 42% year-on-year revenue growth and a 48% year-on-year increase in net profit attributable to the parent company in 2025 | Financial Report Insights

Benefiting from the strong demand for printed circuit boards driven by emerging computing scenarios such as high-performance computing servers and artificial intelligence, WUS is expected to achieve over 40% year-on-year growth in both revenue and profit in 2025.

The performance report released by the company on January 27 shows that WUS **achieved an annual operating revenue of approximately 18.9 billion yuan, a year-on-year increase of about 42%; net profit attributable to shareholders was approximately 3.822 billion yuan, a year-on-year increase of about 47.74%; total assets also increased to approximately 28.3 billion yuan.**

Highlights from the performance report are as follows:

> **Strong financial performance**: Revenue in 2025 was 18.9 billion yuan, a year-on-year increase of 42%; net profit attributable to shareholders was 3.822 billion yuan, a year-on-year increase of 47.74%; net profit excluding non-recurring gains and losses was 3.761 billion yuan, a year-on-year increase of 47.69%
> 
> **Improved profitability**: The weighted average return on net assets reached 28.57%, an increase of 4.32 percentage points from the previous year; basic earnings per share were 1.99 yuan, a year-on-year increase of 47.05%
> 
> **Asset scale expansion**: Total assets were 28.3 billion yuan, a year-on-year increase of 33.40%; equity attributable to shareholders was 15.1 billion yuan, an increase of 27.63%; net assets per share were 7.85 yuan
> 
> **Growth driven by AI demand**: The high growth in performance is mainly reliant on the demand for AI servers and high-performance computing, with the product structure focused on mid-to-high-end printed circuit boards
> 
> 
## Revenue and net profit growth driven by AI demand, with simultaneous asset scale expansion

The company stated that **the growth in performance is mainly benefited from the structural demand for printed circuit boards driven by emerging computing scenarios such as high-performance computing servers and artificial intelligence.** From the financial indicators, the weighted average return on net assets was 28.57%, an improvement from 24.25% last year. The net profit excluding non-recurring gains and losses was approximately 3.761 billion yuan, which is roughly equivalent to the scale of net profit attributable to shareholders. The operating profit accounted for about 23.3% of operating revenue, slightly up from 22.2% in the same period last year.

As of the end of the reporting period, the company's total assets were approximately 28.3 billion yuan, an increase of about 33.40% compared to the end of the previous year; equity attributable to shareholders of the listed company was approximately 15.1 billion yuan, a year-on-year increase of about 27.63%. **The growth rate of asset scale exceeds that of revenue and net profit, and the growth rate of shareholder equity is lower than that of total assets, reflecting that the company may have made corresponding asset expansions and adjustments to its liability structure during the reporting period.**

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- [WUS (002463.CN)](https://longbridge.com/zh-HK/quote/002463.CN.md)

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