Zhejiang NHU Company (002001) Q1 2025 earnings summary

Executive summary

• Q1 2025 operating revenue rose 20.91% year-over-year to RMB 5.44 billion, with net profit attributable to shareholders up 116.18% to RMB 1.88 billion.

• Net profit after deducting non-recurring items increased 119.22% year-over-year, reflecting strong core business performance.

• Net cash flows from operating activities surged 231.88% year-over-year, driven by higher revenue and faster receivables collection.

Financial highlights

• Basic and diluted EPS both increased 117.86% year-over-year to RMB 0.61.

• Weighted average ROE improved by 2.85 percentage points to 6.29%.

• Total assets reached RMB 43.78 billion, and net assets attributable to shareholders were RMB 30.62 billion as of March 31, 2025.

• Non-recurring profit and loss items had a minor net positive impact of RMB 205,086.

Outlook and guidance

• No explicit forward-looking statements or guidance provided in the report.