Shenwan Hongyuan Group Co (000166) Q1 2025 earnings summary

Executive summary

• Net profit rose 35.62% year-over-year to ¥2.25 billion, with a 42.50% increase in profit attributable to shareholders and a 47.41% rise in adjusted net profit, despite a 3.54% decline in reported revenue.

• Cash flow from operating activities turned positive at ¥16.86 billion, compared to a negative ¥12.58 billion in the prior year.

Financial highlights

• Reported revenue was ¥5.48 billion, down 3.54% year-over-year, but adjusted revenue (net method for commodity sales) increased 21.26% to ¥5.31 billion.

• Basic and diluted EPS both increased 33.33% to ¥0.08.

• Total assets decreased 3.74% to ¥671.48 billion from the end of last year.

• Shareholders’ equity rose 1.74% to ¥106.61 billion.

Outlook and guidance

• Risk control indicators remain compliant with regulatory requirements, with a risk coverage ratio of 403.36%, up 19.32 percentage points year-over-year.