China National Chemical Engineering (601117) H1 2025 earnings summary

Executive summary

• Achieved total operating revenue of ¥90.42 billion, down 0.21% year-over-year; net profit attributable to shareholders rose 9.26% to ¥3.10 billion.

• Gross margin improved to 9.57%; basic and diluted EPS both increased to ¥0.51, up 10.87% year-over-year.

• New contract value reached ¥206.09 billion, up 1.24% year-over-year, with international contracts growing 0.36%.

• Main business segments include chemical engineering, infrastructure, environmental management, new materials, and modern services.

Financial highlights

• Operating income: ¥90.42 billion (down 0.21% year-over-year).

• Net profit attributable to shareholders: ¥3.10 billion (up 9.26% year-over-year).

• Total assets: ¥237.67 billion (up 1.82% from year-end 2024).

• Net assets attributable to shareholders: ¥65.49 billion (up 5.16% from year-end 2024).

• Operating cash flow: -¥10.03 billion (down from -¥4.57 billion year-over-year).

• Non-recurring profit and loss: ¥99.09 million.

Outlook and guidance

• Company expects continued growth in international markets and further expansion in high-end chemical engineering and new materials.

• Focus on technological innovation, digital transformation, and risk management to drive high-quality development.

• Dividend proposal: cash dividend of ¥1.0 per 10 shares, representing 19.69% of net profit for the period, pending shareholder approval.