HUAYU Automotive Systems Company (600741) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached RMB 40.37 billion, up 9.06% year-over-year.

• Net profit attributable to shareholders was RMB 1.27 billion, a 0.59% increase year-over-year.

• Operating cash flow rose 68.82% year-over-year to RMB 2.07 billion.

Financial highlights

• Gross margin remained stable as cost increases were offset by revenue growth.

• Basic EPS was RMB 0.403, up from RMB 0.401 in Q1 2024.

• Total assets at quarter-end were RMB 182.86 billion, down 1.16% from year-end 2024.

• Shareholders' equity increased 2.19% to RMB 63.40 billion.

• Adjusted net profit (excluding non-recurring items) was RMB 1.16 billion, up 6.57% year-over-year.

Key financial ratios and metrics

• Weighted average ROE was 2.03%, down 0.13 percentage points year-over-year.

• Operating margin remained steady despite higher R&D and management expenses.