Nien Made Enterprise (8464) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was NT$7,272,779 thousand, up 15.2% year-over-year from NT$6,312,589 thousand.

• Net income for Q1 2025 reached NT$1,851,516 thousand, a 28% increase year-over-year.

• Gross margin improved to 58.2% from 54.1% in Q1 2024.

• Total assets as of March 31, 2025 were NT$40,210,347 thousand, up from NT$34,945,681 thousand a year earlier.

Financial highlights

• Operating income for Q1 2025 was NT$2,079,688 thousand, up 35% year-over-year.

• Earnings per share (EPS) for Q1 2025 were NT$6.07 basic and NT$6.05 diluted, compared to NT$4.88 and NT$4.87 in Q1 2024.

• Cash and cash equivalents increased to NT$17,889,747 thousand as of March 31, 2025.

• Dividend per share for 2024 was NT$14.50, up from NT$12.00 for 2023.

Outlook and guidance

• Management expects continued stable profitability and sound financial structure, with dividend policy emphasizing at least 20% of distributed dividends in cash.

• No significant subsequent events or disasters reported after Q1 2025.