Zhejiang Weixing New Building Materials (002372) H1 2025 earnings summary

Executive summary

• Revenue for H1 2025 was ¥2.08 billion, down 11.33% year-over-year; net profit attributable to shareholders was ¥271 million, down 20.25% year-over-year.

• Cash flow from operating activities increased 99.10% year-over-year to ¥581 million, mainly due to reduced raw material purchases.

• The company maintained healthy profitability, cash flow, and asset quality despite industry headwinds.

• Focused on core business, retail channel strengthening, cost control, and international expansion.

Financial highlights

• Operating income: ¥2.08 billion, down 11.33% year-over-year.

• Net profit attributable to shareholders: ¥271 million, down 20.25% year-over-year.

• Basic and diluted EPS: ¥0.17, down 22.73% year-over-year.

• Gross margin for manufacturing: 40.80%, down 1.70 percentage points year-over-year.

• Total assets at period end: ¥5.98 billion, down 9.81% from year-end 2024.

Outlook and guidance

• The company expects continued pressure from weak demand, real estate downturn, and intensified competition in H2 2025.

• Will continue to focus on high-quality development, cost control, and risk management.

• Plans to further promote internationalization and expand new business lines as growth drivers.