Nanjing Iron & Steel (600282) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was RMB 14.35 billion, down 14.93% year-over-year, while net profit attributable to shareholders rose 4.42% to RMB 578 million.

• Cash flow from operating activities nearly doubled, up 97.37% year-over-year, driven by increased sales from new production capacity.

• Despite high furnace maintenance, production and operations remained stable, with a focus on cost reduction and efficiency.

Financial highlights

• Operating income: RMB 14.35 billion, down 14.93% year-over-year.

• Net profit attributable to shareholders: RMB 578 million, up 4.42% year-over-year.

• Basic and diluted EPS: RMB 0.0938, up 4.45% year-over-year.

• Cash flow from operations: RMB 757 million, up 97.37% year-over-year.

• Total assets at period end: RMB 67.29 billion, down 2.63% from year-end 2024.

• Shareholders’ equity: RMB 26.61 billion, up 2.24% from year-end 2024.

Outlook and guidance

• The company expects continued stable operations, focusing on efficiency and cost control amid industry headwinds.