Zhejiang JIULI Hi-tech Metals (002318) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached ¥2.88 billion, up 20.67% year-over-year, with net profit attributable to shareholders at ¥389 million, an 18.59% increase year-over-year.

• Operating cash flow surged 693.75% year-over-year to ¥35.3 million, reflecting improved cash generation.

• The company completed a share repurchase program and proposed a cash dividend of ¥9.70 per 10 shares for 2024.

Financial highlights

• Gross margin improved as revenue growth outpaced cost increases; operating profit rose to ¥480 million.

• Basic and diluted EPS both increased to ¥0.41 from ¥0.34 year-over-year.

• Total assets grew 4.27% from year-end 2024 to ¥14.77 billion.

• Net assets attributable to shareholders rose to ¥8.14 billion.

Outlook and guidance

• The company plans to optimize its asset structure by potentially selling up to 15.83 million shares of an associate, aiming to enhance liquidity and support future investments.

• Increased guarantee limits for subsidiaries to support business expansion.