Gasgoo Munich- Joyson Electronics released its 2025 annual report on the evening of March 30, revealing steady growth in operational metrics and record-breaking new global orders. The company also marked several key breakthroughs in its business layout and global expansion, according to Gasgoo.
Image credit: Screenshot from Joyson Electronics (same below)
Financial data reveals revenue climbed 9.5% year-on-year to roughly 61.2 billion yuan in 2025, while net profit attributable to shareholders surged 39% to 1.34 billion yuan. Both top and bottom lines grew, with the overall gross margin expanding 2.1 percentage points to 18.3% — a five-year high that signals strengthening profitability. On the cash front, net operating cash flow hit 5.4 billion yuan, averaging over 3.5 billion yuan annually for the past five years, underscoring a robust financial position. Meanwhile, R&D spending for the year totaled 4.42 billion yuan.
On the order book, Joyson Electronics secured roughly 97 billion yuan in new global lifetime orders in 2025 — a historic high and a marked increase over previous years. Automotive electronics accounted for 46.1 billion yuan of that total, driven by the company's push into intelligent driving. By capitalizing on both the smart-tech upgrades at foreign automakers and the global expansion of Chinese carmakers, Joyson achieved notable breakthroughs in the autonomous driving sector.
Expanding its business footprint, Joyson Electronics is accelerating into the emerging intelligent agent sector. The company has established a dedicated subsidiary, built out core component capabilities, and initiated partnerships with top-tier domestic and international clients — already delivering products or submitting samples. It has also completed deep adaptation and training for industrial applications. In optical modules and server power supplies, Joyson co-developed a vehicle optical communication solution, extending its automotive-grade power technology into the industrial sector.
On the global front, Joyson Electronics listed on the Main Board of the Hong Kong Stock Exchange in November 2025, establishing a dual-capital platform with its A-shares. The company also finalized its "One Joyson" platform, deploying over 25 R&D centers and 60 production bases across more than 60 countries and regions. With global integration largely complete, Joyson is advancing its "Globalization 3.0" strategy to further boost operational efficiency worldwide.
