Zhuhai Bojay Electronics (002975) Q1 2025 earnings summary

Executive summary

• Q1 revenue was ¥205.79 million, down 25.18% YoY; net loss attributable to shareholders was ¥20.65 million versus net income of ¥10.63 million a year earlier.

• Operating cash flow improved to ¥44.33 million from an outflow of ¥100.20 million YoY, mainly due to increased customer collections.

Financial highlights

• Operating costs totaled ¥250.97 million versus ¥260.41 million YoY; operating loss was ¥37.95 million versus operating profit of ¥10.22 million.

• Adjusted for non-recurring items, attributable net loss was ¥22.70 million versus net income of ¥5.65 million YoY.

• Net non-recurring gains were ¥2.05 million, including ¥2.49 million in gains related to financial assets and ¥0.52 million in government grants.

Key financial ratios and metrics

• Basic and diluted EPS were both -¥0.14 versus ¥0.08 YoY; weighted average ROE was -1.15% versus 0.65%.

• Total assets rose 18.44% from year-end to ¥3.30 billion; equity attributable to parent shareholders increased 14.39% to ¥2.07 billion.