Jentech Precision Industrial (3653) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was NT$4,752,302 thousand, up 66% year-over-year from NT$2,864,325 thousand in Q1 2024.

• Net income attributable to owners was NT$1,370,961 thousand, a 93% increase from NT$711,024 thousand year-over-year.

• Basic EPS rose to NT$9.59 from NT$5.06 year-over-year.

• The audit opinion was qualified due to certain subsidiaries' financials not being reviewed by independent auditors, representing 11.95% of total assets and 9.31% of comprehensive income.

Financial highlights

• Gross profit margin improved to 45% from 35% year-over-year.

• Operating profit increased to NT$1,665,971 thousand (35% margin) from NT$657,841 thousand (23% margin) year-over-year.

• Cash and cash equivalents at March 31, 2025 were NT$3,457,723 thousand, down from NT$5,105,640 thousand a year earlier.

• Total assets grew to NT$20,668,023 thousand, up from NT$16,967,650 thousand year-over-year.

• Cash dividends of NT$2,072,369 thousand (NT$14.5 per share) from 2024 earnings were declared but not yet distributed.

Outlook and guidance

• No explicit forward-looking guidance provided, but management continues to focus on capital planning, R&D, and dividend policy to support long-term growth.