Smart Logistics Global Limited Fiscal Year 2025 Financial Results

Smart Logistics Global Limited reported its fiscal year 2025 financial results, with revenues decreasing by 7.3% to approximately RMB 628.5 million (US$89.9 million) due to reduced customer demand, evidenced by a 13.6% drop in transportation orders and a 13.0% decrease in total weight transported. The company experienced a net loss of RMB 18.2 million (US$2.6 million) in 2025, compared to a net income of RMB 8.7 million in 2024. This was primarily attributed to a material non-cash share-based consulting expense recognized in 2025. However, the gross profit margin improved from 4.1% in 2024 to 4.7% in 2025, reflecting effective cost management and pricing discipline. The company also noted an 11.7% increase in total kilometers transported, indicating a shift towards longer-haul transportation. A new Northern Supply Chain Center in Xuzhou was established to expand the B2B logistics network in China. The CEO expressed optimism for a gradual recovery in the PRC economy in 2026.