Anji Microelectronics Technology (Shanghai) (688019) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached RMB 545.28 million, up 44.08% year-over-year, driven by deepened R&D, market expansion, and operational efficiency.

• Net profit attributable to shareholders was RMB 168.83 million, a 60.66% increase year-over-year, with adjusted net profit up 53.03%.

• Growth was supported by robust performance in CMP slurries, functional wet chemicals, and electroplating additives.

Financial highlights

• Operating income: RMB 545.28 million, up 44.08% year-over-year.

• Net profit attributable to shareholders: RMB 168.83 million, up 60.66% year-over-year.

• Adjusted net profit: RMB 161.73 million, up 53.03% year-over-year.

• Operating cash flow: RMB 57.65 million, down 46.46% year-over-year due to increased inventory for future growth.

• R&D investment: RMB 92.30 million, up 27.67% year-over-year.

Outlook and guidance

• Continued focus on R&D innovation, customer collaboration, and market expansion.

• Ongoing optimization of product structure and operational efficiency to support sustainable growth.