Shandong Iron & Steel (600022) Q2 2025 earnings summary

Executive summary

• Achieved a net profit attributable to shareholders of ¥12.53 million for the first half of 2025, reversing a net loss of ¥968.10 million in the same period last year.

• Operating cash flow increased by 88.31% year-over-year to ¥2.82 billion.

Financial highlights

• Revenue for the first half of 2025 was ¥36.81 billion, down 18.60% year-over-year.

• Total assets at period end were ¥65.54 billion, up 0.35% from the previous year-end.

• Net assets attributable to shareholders stood at ¥18.74 billion, down 0.24% from year-end.

• Profit before tax reached ¥292.50 million, compared to a loss of ¥1.06 billion in the prior year period.

• Basic and diluted EPS were both ¥0.0012, compared to -¥0.0906 in the same period last year.

Key financial ratios and metrics

• Weighted average return on equity was 0.07%, up from -0.05% year-over-year.

• Net profit after deducting non-recurring items was ¥18.51 million, compared to a loss of ¥975.58 million last year.