Surprisingly, Zhijia: Net profit is expected to be a loss of 999 million yuan in 2025.

Sina Finance reported on March 30th that Aqara Smart Home released its performance report, with a total operating income of 11.348 billion yuan in 2025, a year-on-year decrease of 12.48%; a net loss of 0.999 billion yuan, compared to a net profit of 769 million yuan in the same period last year. In 2025, affected by factors such as continued adjustment in the real estate market, cautious consumer demand for home decoration and furnishings, and differentiation in consumption structure, the industry as a whole showed a trend of total contraction and structural adjustment.