China Tungsten And Hightech Materials (000657) Q4 2025 earnings summary

Executive summary

• Revenue reached ¥17.64 billion, up 19.34% year-over-year, with net profit attributable to shareholders at ¥1.281 billion, up 29.20%.

• Operating profit rose 34.61% and total profit increased 31.23% compared to the previous year.

• Excluding non-recurring items, net profit attributable to shareholders surged 585.39% year-over-year.

Financial highlights

• Basic EPS was ¥0.58, up 21.78% year-over-year.

• Weighted average ROE was 13.32%, up 0.48 percentage points.

• Total assets at year-end were ¥21.44 billion, up 21.12% from the start of the year.

• Shareholders’ equity reached ¥9.72 billion, up 24.69% from the start of the year.

• Share capital increased 63.15% due to asset purchases and fundraising.

Outlook and guidance

• Enhanced full-industry-chain synergy and product optimization are expected to continue supporting profitability.