OPT Machine Vision Tech (688686) Q1 2025 earnings summary

Executive summary

• Q1 revenue rose 18.09% YoY to RMB 267.73 million; net income attributable to shareholders increased 0.97% to RMB 57.86 million.

• Net income excluding non-recurring items rose 11.40% YoY to RMB 54.49 million; operating cash flow turned positive at RMB 2.33 million.

Financial highlights

• Revenue was RMB 267.73 million versus RMB 226.72 million YoY; operating costs were RMB 207.48 million versus RMB 172.47 million.

• Operating profit was RMB 60.08 million versus RMB 60.44 million; net income was RMB 57.86 million versus RMB 57.30 million.

• Basic and diluted EPS were RMB 0.4752, up from RMB 0.4688 YoY.

• R&D expense rose 5.48% YoY to RMB 51.24 million; R&D was 19.14% of revenue versus 21.43%.

Key financial ratios and metrics

• Weighted average return on equity was 1.96%, compared with 1.97% in Q1 2024.

• Total assets were RMB 3.26 billion at quarter-end, up 2.33% from year-end; shareholder equity was RMB 2.95 billion, up 1.12%.