Jiangsu King's Luck Brewery Joint-Stock Co. (603369) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached RMB 5.10 billion, up 9.17% year-over-year.

• Net profit attributable to shareholders was RMB 1.64 billion, a 7.27% increase compared to Q1 2024.

• Operating cash flow rose 42.5% year-over-year to RMB 1.43 billion.

Financial highlights

• Basic and diluted EPS were both RMB 1.3186, up 7.27% year-over-year.

• Total assets at quarter-end were RMB 25.12 billion, up 3.73% from year-end 2024.

• Shareholders' equity increased 10.64% to RMB 17.10 billion.

• Gross margin remained robust, with operating costs at RMB 1.34 billion against revenue of RMB 5.10 billion.

Key financial ratios and metrics

• Weighted average ROE for Q1 2025 was 10.10%, down 0.81 percentage points year-over-year.

• Net profit margin remained strong, with net profit at RMB 1.64 billion on revenue of RMB 5.10 billion.