Suzhou Dongshan Precision Manufacturing Co (002384) Q2 2025 earnings summary

Executive summary

• Operating revenue for H1 2025 reached RMB 16.96 billion, up 1.96% year-over-year; net profit attributable to shareholders rose 35.21% to RMB 758 million.

• Growth driven by stable performance in electronic circuits and new energy vehicle segments, with significant R&D and expansion into AI and optical modules.

• Completed a private placement, raising RMB 1.4 billion to support strategic initiatives and capacity expansion.

Financial highlights

• Net profit after deduction of non-recurring items was RMB 656.8 million, up 27.28% year-over-year.

• Net cash flow from operating activities increased 19.68% to RMB 2.5 billion.

• Basic and diluted EPS both rose to RMB 0.45, a 36.36% increase year-over-year.

• Total assets grew 4.07% to RMB 47.89 billion; net assets attributable to shareholders increased 10.85% to RMB 20.87 billion.

• Gross margin for electronic circuits was 17.55%; precision components segment revenue grew 11.87% year-over-year.

Outlook and guidance

• Anticipates continued growth in AI server and data center demand, leveraging new production capacity and recent acquisitions.

• Focus on expanding new energy and optical module businesses to diversify revenue streams.