China XD Electric Co (601179) Q2 2025 earnings summary

Executive summary

• Achieved operating revenue of ¥11.33 billion for H1 2025, up 9.23% year-over-year; net profit attributable to shareholders rose 30.08% to ¥598 million.

• Gross margin and profitability improved due to expanded scale and higher main business margins.

• Cash flow from operating activities was negative, mainly due to increased payments for goods and services.

• Proposed interim dividend of ¥0.47 per 10 shares, totaling ¥240.92 million, representing 40.27% of net profit.

Financial highlights

• Operating revenue: ¥11.30 billion, up 9.23% year-over-year.

• Net profit attributable to shareholders: ¥598 million, up 30.08% year-over-year.

• Basic and diluted EPS: ¥0.12, up 33.33% year-over-year.

• Gross margin improved; operating profit margin increased.

• Net cash flow from operating activities: -¥29.3 million, down 104.14% year-over-year.

Outlook and guidance

• Industry outlook remains positive, driven by strong policy support, ongoing grid upgrades, and robust domestic and international demand.

• Company will continue to focus on high-quality growth, innovation, and market expansion, with emphasis on digital transformation and smart manufacturing.