Zhejiang Shuanghuan Driveline (002472) Q1 2025 earnings summary

Executive summary

• Net profit attributable to shareholders rose 24.70% year-over-year to ¥276 million.

• Operating cash flow increased 22.33% year-over-year to ¥210 million.

• Revenue remained stable at ¥2.06 billion, a slight decrease of 0.47% compared to the same quarter last year.

Financial highlights

• Basic and diluted EPS were ¥0.33, up 26.92% year-over-year.

• Total assets grew 6.92% from year-end to ¥16.97 billion.

• Shareholders’ equity increased 3.20% to ¥9.10 billion.

• Cash and cash equivalents at quarter-end were ¥2.10 billion, up 49.04% from year-end.

• Operating profit margin improved due to higher main business revenue and reduced bad debt provisions.

Outlook and guidance

• The company is advancing the spin-off and listing of its subsidiary, which is expected to enhance specialization and maximize shareholder value.