Shenzhen Dynanonic (300769) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached ¥2.00 billion, up 5.9% year-over-year, while net loss attributable to shareholders narrowed to ¥167.1 million from ¥184.7 million in Q1 2024.

• Operating cash flow remained negative at -¥920.6 million, a further decline from -¥717.7 million a year ago.

• The company executed strategic investments, including a joint venture with Amsterdam Fertilizers and capital increases in its subsidiary to attract strategic investors.

Financial highlights

• Gross revenue increased 5.9% year-over-year to ¥2.00 billion.

• Net loss attributable to shareholders improved by 9.5% year-over-year to -¥167.1 million.

• Basic and diluted EPS were both -0.60, compared to -0.66 in Q1 2024.

• Operating cash flow was -¥920.6 million, down 28.3% year-over-year.

• Total assets at quarter-end were ¥17.49 billion, down 1.8% from year-end 2024.

Outlook and guidance

• The company is expanding internationally through a joint venture in Europe and increasing capital in its energy subsidiary, signaling a focus on growth and strategic partnerships.