Logotype for ZG Group

ZG Group (6676) investor relations material

ZG Group H1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for ZG Group
H1 2025 earnings summary26 Aug, 2025

Executive summary

  • Completed a transformative De-SPAC transaction with Aquila Acquisition Corporation, resulting in a public listing on March 10, 2025, a HK$10.0 billion valuation, and significant capital infusion from PIPE investors.

  • Transitioned from a single-category steel platform to an AI-driven industrial internet platform, expanding into non-ferrous metals and electrical products.

  • Achieved rapid international expansion, especially in Southeast Asia and the Middle East, and formed a joint venture with Trafigura for non-ferrous metals e-commerce.

  • The platform now serves over 16,000 suppliers and 189,000 buyers in steel, and 576 suppliers and 2,128 buyers in non-steel segments.

Financial highlights

  • Revenue for the six months ended June 30, 2025, was RMB797.4 million, up 12.2% year-over-year.

  • Gross profit decreased by 10.6% to RMB181.5 million, with gross margin dropping to 22.8% from 28.6%.

  • Loss for the period widened to RMB498.8 million from RMB75.8 million, mainly due to De-SPAC transaction expenses and increased impairment losses.

  • Adjusted net loss (non-IFRS) was RMB106.9 million, and adjusted EBITDA was a loss of RMB87.4 million; excluding non-core items, adjusted net loss was RMB51.6 million and adjusted EBITDA loss was RMB32.1 million.

  • Net cash used in operating activities was RMB134.2 million, versus net cash generated of RMB339.2 million a year ago.

Outlook and guidance

  • Focus on consolidating domestic steel business, resuming fintech solutions via equity participation, and expanding international and non-steel segments, especially in the Belt and Road region.

  • Plans to further digitalize services, broaden the buyer base, strengthen technology, and explore cross-industry expansion using proceeds from the De-SPAC transaction.

  • Launch of a shaped steel and pipes marketplace and opening a processing plant in Dubai to support overseas growth.

  • Joint venture with Trafigura aims to build a leading non-ferrous metals e-commerce platform in China.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next ZG Group earnings date

Logotype for ZG Group
H2 2025
LIVE
27 Mar, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next ZG Group earnings date

Logotype for ZG Group
H2 2025
LIVE
27 Mar, 2026

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage