China National Chemical Engineering (601117) Q1 2025 earnings summary

Executive summary

• Achieved operating revenue of RMB 44.50 billion in Q1 2025, down 0.98% year-over-year; net profit attributable to shareholders rose 18.77% to RMB 1.44 billion.

• Focused on core chemical engineering business, innovation-driven growth, and high-quality development.

Financial highlights

• Operating revenue: RMB 44.50 billion, down 0.98% year-over-year.

• Net profit attributable to shareholders: RMB 1.44 billion, up 18.77% year-over-year.

• Net cash flow from operating activities: -RMB 15.10 billion, a significant decrease from -RMB 6.77 billion in Q1 2024.

• Total assets at period end: RMB 230.98 billion, down 1.05% from year-end 2024.

• Shareholders’ equity: RMB 63.82 billion, up 2.48% from year-end 2024.

Key financial ratios and metrics

• Basic and diluted EPS: RMB 0.24, up from RMB 0.20 in Q1 2024.

• Weighted average ROE: 2.29%, up 0.20 percentage points year-over-year.