AECC AERO-ENGINE CONTROL (000738) Q1 2025 earnings summary

Executive summary

• Q1 2025 revenue was RMB 1.35 billion, down 4.69% year-over-year; net profit attributable to shareholders was RMB 146.8 million, down 43.61% year-over-year.

• Cash flow from operating activities turned positive at RMB 458.2 million, a significant improvement from negative RMB 195.4 million in Q1 2024.

Financial highlights

• Operating income: RMB 1.35 billion, down 4.69% compared to Q1 2024.

• Net profit attributable to shareholders: RMB 146.8 million, down 43.61% year-over-year.

• Basic and diluted EPS: RMB 0.1116, down 43.64% year-over-year.

• Total assets at quarter-end: RMB 16.40 billion, up 0.52% from year-end 2024.

• Shareholders’ equity: RMB 12.50 billion, up 1.22% from year-end 2024.

Key financial ratios and metrics

• Weighted average ROE: 1.18%, down 1.00 percentage point year-over-year.

• Net margin declined due to lower revenue and increased costs, including R&D and depreciation.

• Cash flow from operations improved 334.57% year-over-year.