Jiangsu Yangnong Chemical (600486) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached RMB 3.24 billion, up 2.04% year-over-year; net profit attributable to shareholders was RMB 434.93 million, up 1.35% year-over-year.

• Basic and diluted EPS were both RMB 1.069, a 1.27% increase year-over-year.

• Operating cash flow was RMB 1.03 billion, down 9.05% from the same period last year.

Financial highlights

• Gross margin remained stable as operating costs and expenses grew in line with revenue.

• Net profit excluding non-recurring items was RMB 430.30 million, up 0.83% year-over-year.

• Non-recurring gains included government subsidies and financial asset gains totaling RMB 4.63 million.

• Total assets at quarter-end were RMB 18.08 billion, up 2.33% from year-end 2024.

• Shareholders’ equity increased 4.23% to RMB 10.98 billion.

Key financial ratios and metrics

• Weighted average ROE was 4.04%, down 0.29 percentage points year-over-year.

• Basic and diluted EPS were both RMB 1.069.

• Net cash from operating activities was RMB 1.03 billion.