Beijing Shougang Co (000959) Q2 2025 earnings summary

Executive summary

• Revenue for H1 2025 was ¥52.52 billion, down 7.35% year-over-year, while net profit attributable to shareholders rose 66.45% to ¥657 million, and operating cash flow increased 91.65%.

• Gross margin improved to 5.18%, and basic/diluted EPS reached ¥0.0847, up 66.40% year-over-year.

• The company focused on high-end product development, green and intelligent manufacturing, and cost reduction, earning the Beijing Municipal Government Quality Management Award.

Financial highlights

• Operating income: ¥52.52 billion, down 7.35% year-over-year; net profit: ¥657 million, up 66.45%.

• Operating cash flow: ¥2.20 billion, up 91.65% year-over-year.

• Gross margin: 5.18%, up 1.44 percentage points; net assets attributable to shareholders: ¥50.12 billion.

• R&D investment: ¥2.49 billion, down 15.11% year-over-year.

• Non-recurring items: Net non-recurring loss of ¥25.30 million, mainly from asset disposals and government grants.

Outlook and guidance

• The company aims to further enhance profitability, investor returns, ESG management, and long-term incentive mechanisms.

• Focus remains on high-quality growth, innovation, green transformation, and shareholder value.