Beijing Tongrentang (600085) Q1 2025 earnings summary

Executive summary

• Achieved year-over-year growth in both revenue and net profit despite market volatility, demonstrating strong resilience and stable operations.

• Operating cash flow turned positive, reflecting improved procurement and inventory management.

Financial highlights

• Revenue for Q1 2025 was RMB 5.28 billion, up 0.16% compared to Q1 2024.

• Net profit attributable to shareholders reached RMB 582.21 million, up 1.10% year-over-year.

• Operating cash flow was RMB 832.58 million, a significant increase from negative RMB 251.77 million in Q1 2024.

• Basic EPS was RMB 0.425, up from RMB 0.420 in the prior year period.

• Total assets at quarter-end were RMB 32.31 billion, up 3.57% from year-end 2024.

Outlook and guidance

• Management expects continued stable development and risk resilience, with ongoing optimization of procurement and inventory.