Rongsheng Petrochemical (002493) Q1 2025 earnings summary

Executive summary

• Operating revenue for Q1 2025 was RMB 74.98 billion, down 7.54% year-over-year, while net profit attributable to owners rose 6.53% to RMB 588 million.

• Net cash flows from operating activities surged 93.19% year-over-year to RMB 7.98 billion.

• Basic and diluted EPS remained at RMB 0.06, with a weighted average return on net assets of 1.33%.

Financial highlights

• Total assets increased 3.48% from year-end 2024 to RMB 391.01 billion.

• Total equity attributable to the parent company rose 1.14% to RMB 44.36 billion.

• Non-recurring losses totaled RMB 29.95 million, mainly from fair value changes and other non-operating items.

• Investment income improved significantly, and credit impairment losses reversed to a gain.

Outlook and guidance

• Gains in net profit and cash flow suggest improved operational efficiency despite revenue decline.