Yankey Engineering (6691) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was NT$3,946,391 thousand, up 43% year-over-year from NT$2,754,284 thousand.

• Net income for Q1 2025 reached NT$597,252 thousand, a 65% increase from NT$361,096 thousand in Q1 2024.

• Gross margin remained stable at 21% for Q1 2025, matching the prior year.

• Earnings per share (EPS) for Q1 2025 were NT$5.70 basic and NT$5.69 diluted, compared to NT$3.44 for both in Q1 2024.

Financial highlights

• Operating income for Q1 2025 was NT$720,665 thousand, up from NT$450,246 thousand in Q1 2024.

• Total assets as of March 31, 2025 were NT$16,724,844 thousand, up from NT$11,743,006 thousand a year earlier.

• Cash and cash equivalents increased to NT$6,461,614 thousand from NT$3,415,407 thousand year-over-year.

• Net cash generated from operating activities was NT$1,083,313 thousand, up from NT$250,775 thousand in Q1 2024.

• Cash dividends of NT$1,677,874 thousand were distributed in Q1 2025.

Outlook and guidance

• Outstanding performance obligations as of March 31, 2025 were NT$40,671,356 thousand, expected to be recognized as revenue over the next one to three years.

• The company plans to issue stock dividends of NT$157,301 thousand (NT$1.5 per share), pending shareholder approval.