HBIS Company (000709) Q2 2025 earnings summary

Executive summary

• Revenue for the first half of 2025 reached ¥66.31 billion, up 12.73% year-over-year, with net profit attributable to shareholders at ¥598 million, a 44.75% increase year-over-year.

• Operating cash flow increased 10.15% year-over-year to ¥6.06 billion, while basic and diluted EPS rose to ¥0.0477, up 59% year-over-year.

• The company maintained its position as a leading steel and vanadium producer, emphasizing high-end, green, and intelligent manufacturing.

Financial highlights

• Gross margin for the steel segment was 8.67%, with the board segment at 9.37%.

• EBITDA to total debt ratio improved to 3.84%, and the interest coverage ratio increased to 1.18.

• Total assets at period-end were ¥267.06 billion, down 0.76% from year-end 2024; net assets attributable to shareholders rose 1.24% to ¥58.95 billion.

• Non-recurring gains totaled ¥242.62 million, mainly from compensation and government subsidies.

Outlook and guidance

• The company will continue to focus on high-end, intelligent, and green transformation, leveraging technological innovation for quality growth.

• No interim dividend, bonus shares, or capital increase from reserves is planned for the half-year.