Jiangsu Shagang (002075) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was ¥3.49 billion, a 7.17% decrease year-over-year after adjustment.

• Net profit attributable to shareholders rose 37.56% year-over-year to ¥68.66 million.

• Cash flow from operating activities improved significantly to ¥772.45 million from a negative ¥32.32 million a year ago.

Financial highlights

• Adjusted net profit (excluding non-recurring items) surged 223.64% year-over-year to ¥49.15 million.

• Basic and diluted EPS increased 37.28% year-over-year to ¥0.0313.

• Total assets at quarter-end were ¥27.43 billion, up 12.62% from year-end 2024.

• Shareholders’ equity increased 1.09% to ¥6.40 billion.

Outlook and guidance

• Profit growth attributed to lower operating costs, increased other income, and improved fair value gains.

• Management expects continued benefit from advanced manufacturing VAT policies.