Yongxing Special Materials Technology (002756) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was ¥1.79 billion, down 22.24% year-over-year.

• Net profit attributable to shareholders was ¥191 million, a 59.12% decrease year-over-year.

• Cash flow from operating activities was negative at -¥369 million, a further decline from the previous year.

Financial highlights

• Operating income fell to ¥1.79 billion from ¥2.3 billion year-over-year.

• Net profit attributable to shareholders dropped to ¥191 million from ¥468 million year-over-year.

• Basic and diluted EPS were both ¥0.36, down 59.09% year-over-year.

• Total assets at quarter-end were ¥13.93 billion, up 0.96% from year-end 2024.

• Shareholders’ equity increased 1.61% to ¥12.56 billion.

Outlook and guidance

• Management attributes declines to reduced bill discounting, lower government subsidies, and decreased interest income.

• No explicit forward guidance provided, but explanations for major changes in financial metrics are included.