Zhejiang JIULI Hi-tech Metals (002318) Q2 2025 earnings summary

Executive summary

• Revenue for H1 2025 reached ¥6.11 billion, up 26.39% year-over-year, with net profit attributable to shareholders at ¥827.53 million, up 28.48% year-over-year.

• Gross margin improved, and high-value, high-tech products contributed 20% of revenue, growing 15.42% year-over-year.

• Overseas revenue surged 92.94% year-over-year, driven by major project deliveries and international expansion.

• R&D investment was ¥212 million, with significant progress in patents and standards.

Financial highlights

• Operating income: ¥6.11 billion, up 26.39% year-over-year.

• Net profit attributable to shareholders: ¥827.53 million, up 28.48% year-over-year.

• Basic and diluted EPS: ¥0.87, up 29.85% year-over-year.

• Operating cash flow: ¥245.87 million, up 7.74% year-over-year.

• Gross margin for main industries: oil/gas/chemicals 30.74%, power equipment 29.97%.

Outlook and guidance

• Focus on accelerating industrialization of pilot projects and deepening R&D-industry collaboration.

• Continued emphasis on talent recruitment and technical innovation to meet annual targets.