Guangdong Dtech Technology (301377) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached ¥423.29 million, up 27.21% year-over-year.

• Net profit attributable to shareholders was ¥72.58 million, an increase of 78.51% year-over-year.

• Adjusted net profit (excluding non-recurring items) rose 87.74% year-over-year to ¥66.39 million.

• Operating cash flow turned negative at -¥8.68 million, compared to ¥18.40 million in Q1 2024.

Financial highlights

• Basic and diluted EPS were ¥0.18, up 80% year-over-year.

• Gross margin improved as revenue growth outpaced cost increases.

• Total assets at quarter-end were ¥3.61 billion, up 2.67% from year-end 2024.

• Shareholders’ equity increased 3.06% to ¥2.55 billion.

• Non-recurring gains totaled ¥6.19 million, mainly from government subsidies and investment returns.

Outlook and guidance

• Management attributes profit growth to increased sales and government support.

• No explicit forward-looking guidance provided.