Citic Pacific Special Steel Group (000708) Q1 2025 earnings summary

Executive summary

• Q1 2025 revenue reached RMB 26.84 billion, down 5.59% year-over-year.

• Net profit attributable to shareholders was RMB 1.38 billion, up 1.76% year-over-year.

• Operating cash flow improved to -RMB 946 million from -RMB 1.40 billion in Q1 2024.

• Total assets at quarter-end were RMB 110.29 billion, slightly down from year-beginning.

• The company maintained its mission to provide green, intelligent special steel and aims to be a global industry leader.

Financial highlights

• Revenue: RMB 26.84 billion, down 5.59% year-over-year.

• Net profit attributable to shareholders: RMB 1.38 billion, up 1.76% year-over-year.

• Basic EPS: RMB 0.274, up 1.86% year-over-year.

• Operating cash flow: -RMB 946 million, improved 32.17% year-over-year.

• Total assets: RMB 110.29 billion; shareholders' equity: RMB 42.43 billion.

Key financial ratios and metrics

• Gross margin and operating margin not explicitly disclosed.

• Weighted average ROE: 3.32%, down 0.14 percentage points year-over-year.

• Basic EPS: RMB 0.274; diluted EPS: RMB 0.269.