Jinyuan EP (000546) Q1 2025 earnings summary

Executive summary

• Revenue surged 84.59% year-over-year to ¥1.74 billion, driven by higher sales and prices of electrolytic copper and gold-containing materials.

• Net profit attributable to shareholders fell 29.92% year-over-year to ¥16.17 million, with a significant loss after excluding non-recurring items.

• Cash flow from operating activities was negative at ¥-189.90 million, a substantial deterioration from the previous year.

Financial highlights

• Operating income: ¥1.74 billion, up 84.59% year-over-year.

• Net profit attributable to shareholders: ¥16.17 million, down 29.92% year-over-year.

• Basic and diluted EPS: ¥0.0208, down 29.73% year-over-year.

• Total assets: ¥5.73 billion, up 1.89% from year-end.

• Owner's equity: ¥4.18 billion, up 0.37% from year-end.

Outlook and guidance

• Revenue growth attributed to increased sales and prices in key product lines.

• Gross margin pressure due to lower profitability in hazardous waste resource utilization.