Yunnan Energy New Material (002812) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached RMB 2.73 billion, up 17.23% year-over-year, while net profit attributable to shareholders dropped 83.57% to RMB 25.99 million.

• Cash flow from operating activities decreased 72.73% year-over-year to RMB 124.3 million.

• The company signed major supply agreements with LG Energy Solution and Beijing Weilan New Energy, securing significant future orders for battery separator and electrolyte products.

Financial highlights

• Operating income: RMB 2.73 billion, up 17.23% year-over-year.

• Net profit attributable to shareholders: RMB 25.99 million, down 83.57% year-over-year.

• Basic and diluted EPS: RMB 0.03, down 81.25% year-over-year.

• Total assets at quarter-end: RMB 47.75 billion, up 1.16% from year-end 2024.

• Net cash from operating activities: RMB 124.3 million, down 72.73% year-over-year.

Outlook and guidance

• The company is actively expanding domestic and international markets, with new long-term supply agreements expected to drive future growth.