Inner Mongolia Junzheng Energy & Chemical Group (601216) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached RMB 6.21 billion, up 19.39% year-over-year, driven by new production capacity and increased product variety and output.

• Net profit attributable to shareholders was RMB 1.01 billion, a 41.40% increase compared to the same quarter last year.

• Major projects, including BDO, PTMEG, coking, and methanol, completed in 2024, contributed to higher profitability.

Financial highlights

• Operating income: RMB 6.21 billion, up from RMB 5.20 billion year-over-year.

• Net profit attributable to shareholders: RMB 1.01 billion, up 41.40% year-over-year.

• Basic and diluted EPS: RMB 0.1194, up 41.47% from RMB 0.0844 year-over-year.

• Operating cash flow: RMB 906 million, compared to negative RMB 146 million in Q1 2024.

• Total assets at quarter-end: RMB 43.30 billion, up 1.11% from year-end 2024.

Segment performance

• Increased output and product categories from new BDO, PTMEG, coking, and methanol projects led to higher revenue and profit.

• Lower raw material costs contributed to improved margins.