MeiG Smart Technology (002881) Q1 2025 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2025 earnings summary
30 Sep, 2026Executive summary
Revenue for Q1 2025 reached ¥997.06 million, up 73.57% year-over-year, with net profit attributable to shareholders at ¥46.30 million, a 616.02% increase year-over-year.
Excluding non-recurring items, net profit was ¥44.81 million, up 778.78% year-over-year.
Financial highlights
Operating income rose to ¥997.06 million from ¥574.45 million year-over-year.
Net profit attributable to shareholders increased to ¥46.30 million from ¥6.47 million year-over-year.
Basic and diluted EPS were ¥0.18, up from ¥0.02 year-over-year.
Operating cash flow was negative at -¥66.89 million, compared to ¥17.26 million in Q1 2024.
Total assets grew to ¥3.09 billion, up 12.03% from year-end 2024.
Outlook and guidance
Revenue and profit growth driven by expansion in wireless communication modules and solutions.
Latest events from MeiG Smart Technology
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Q3 2025 - Record revenue and profit growth driven by overseas IoT and 5G demand, with rising R&D and cash dividend.002881
Q4 2025 - Net profit rose 25.85% on 7.32% revenue growth, with overseas sales nearly doubling.002881
Q2 2026 - Net profit grew 0.76% year-over-year as H-share listing boosted assets and liquidity.002881
Q1 2026