BOE Technology Group Company (000725) H1 2025 earnings summary

Executive summary

• Operating revenue for H1 2025 reached RMB101.28 billion, up 8.45% year-over-year, with net profit attributable to shareholders at RMB3.25 billion, a 42.15% increase year-over-year.

• Gross margin for the Display Devices business was 12.40%, and for IoT Innovation business 11.09%.

• R&D investment increased by 4.10% year-over-year to RMB6.08 billion.

• The company continued to expand its global presence, with significant progress in OLED, MLED, and sensor businesses, and accelerated overseas smart terminal production.

Financial highlights

• Net profit attributable to shareholders: RMB3.25 billion, up 42.15% year-over-year.

• Operating revenue: RMB101.28 billion, up 8.45% year-over-year.

• Basic and diluted EPS: RMB0.09, up from RMB0.06 year-over-year.

• Net cash from operating activities: RMB22.74 billion, down 8.61% year-over-year.

• Total assets: RMB425.80 billion as of June 30, 2025.

Outlook and guidance

• The company will continue to focus on its “Empower IoT with Display” strategy, invest in R&D, and expand its international footprint.

• Plans to enhance shareholder returns through dividends and share repurchases, and maintain high-quality growth in core businesses.