GRG Banking Equipment (002152) Q2 2025 earnings summary

Executive summary

• Revenue for H1 2025 reached ¥5.28 billion, up 12.07% year-over-year; net profit attributable to shareholders was ¥466 million, down 6.49% year-over-year.

• City intelligence business grew 43.81% year-over-year, while fintech revenue declined 5.52% year-over-year.

• The company maintained its leading position in domestic smart financial equipment for the 17th consecutive year and expanded its international presence to over 120 countries.

• R&D investment was ¥506 million, representing 9.5% of revenue for the sixth consecutive year.

Financial highlights

• Operating income: ¥5.28 billion, up 12.07% year-over-year.

• Net profit attributable to shareholders: ¥466 million, down 6.49% year-over-year.

• Gross margin: 28.44%, down 3.85 percentage points year-over-year.

• Basic and diluted EPS: ¥0.19, down 5% year-over-year.

• Operating cash flow: -¥805 million, improved 20.98% year-over-year.

• Total assets: ¥27.74 billion; net assets attributable to shareholders: ¥12.57 billion.

Outlook and guidance

• The company will continue to focus on AI-driven innovation, digital transformation, and international expansion.

• No interim dividend, bonus shares, or capital increase from reserves planned for H1 2025.

• Emphasis on high-quality growth, digital economy, and capital-driven strategy.