ANTA Sports sees revenue and profit rise to record high

ANTA Sports Products Limited reported on Wednesday record annual revenue and profit for 2025, reinforcing its position as the largest sportswear company in the country. 

Revenue rose 13.3 percent from the previous year to 80.22 billion yuan ($11.63 billion), the company said. Operating profit increased 15 percent to 19.09 billion yuan, while operating margin edged up 0.4 percentage points to 23.8 percent.

Profit attributable to shareholders rose 13.9 percent to 13.59 billion yuan. The group also reported solid cash generation, with free cash flow of 16.11 billion yuan and a net cash position of about 31.72 billion yuan at year-end.

The group continued to gain share in the country's highly competitive sportswear market, reaching an estimated 21.8 percent and maintaining its industry-leading position, according to third-party data provided by the group. Globally, ANTA ranked among the top three sportswear companies, the group said.

The core ANTA brand generated revenue of 34.75 billion yuan, up 3.7 percent, with operating profit rising 2.5 percent to 7.21 billion yuan. FILA, positioned in the premium sports fashion segment, reported revenue growth of 6.9 percent to 28.47 billion yuan and a 10.1 percent increase in operating profit.

Other brands, including DESCENTE, delivered the fastest expansion, with revenue surging 59.2 percent to 17 billion yuan and operating profit climbing 55.3 percent. 

DESCENTE's retail sales exceeded 10 billion yuan for the first time, becoming ANTA's third brand to cross that threshold.

The company stepped up investment in technology and talent, with research and development spending increasing to about 2.2 billion yuan. During the year, the group launched its AI365 strategy, integrating artificial intelligence tools across its value chain to improve design and operational efficiency.

Beyond financial performance, ANTA strengthened its brand equity and sustainability credentials. It ranked among the top 10 apparel brands in the Kantar BrandZ Most Valuable Global Brands 2025 list.

Ding Shizhong, group chairman, said the results reflected disciplined execution of the company's "single-focus, multi-brand, globalization" strategy, emphasizing operational quality and long-term brand value over short-term expansion.

"We will continue building resilience, health, and vitality by driving technological innovation, staying anchored in the China market, and expanding globally to compete on the world stage," Ding said.

wangzhuoqiong@chinadaily.com.cn