Yunnan Aluminium (000807) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached RMB 14.41 billion, up 26.89% year-over-year, driven by higher aluminum sales volume and prices.

• Net profit attributable to shareholders was RMB 974 million, down 16.26% compared to the same quarter last year.

• Operating cash flow increased 87.05% year-over-year to RMB 1.74 billion, reflecting improved cash generation.

Financial highlights

• Gross margin declined as cost of sales rose 33.38% year-over-year, outpacing revenue growth.

• Basic and diluted EPS were RMB 0.281, down from RMB 0.336 year-over-year.

• Total assets at quarter-end were RMB 43.78 billion, up 4.48% from year-end 2024.

• Shareholders' equity increased 3.51% to RMB 29.31 billion.

Key financial ratios and metrics

• Weighted average ROE was 3.38%, down 1.04 percentage points year-over-year.

• Net profit margin declined due to higher raw material costs and lower asset disposal gains.

• Cash and equivalents rose 38.42% to RMB 8.69 billion, reflecting strong cash inflows.