Thunder Software Technology (300496) Q2 2025 earnings summary

Executive summary

• Revenue for the first half of 2025 reached ¥3.30 billion, up 37.44% year-over-year, with net profit attributable to shareholders at ¥158 million, a 51.84% increase year-over-year.

• Growth was driven by strong performance in smart IoT (up 136.14%), with overseas revenue rising 81.41% year-over-year.

• The company continued to invest in R&D, focusing on AI-driven automotive and edge intelligence, and expanded its global presence with R&D centers in 16 countries.

Financial highlights

• Operating income: ¥3,299,453,079.09, up 37.44% year-over-year.

• Net profit attributable to shareholders: ¥158,474,961.14, up 51.84% year-over-year.

• Net profit excluding non-recurring items: ¥136,303,687.10, up 54.44% year-over-year.

• Basic EPS: ¥0.3448, up from ¥0.2272 year-over-year.

• Operating cash flow: ¥266,831,069.56, down 7.46% year-over-year.

• Total assets at period end: ¥12,748,919,512.67, up 1.93% from year-end 2024.

• Net assets attributable to shareholders: ¥9,972,099,552.86, up 2.03% from year-end 2024.

Outlook and guidance

• The company aims to further strengthen its position in edge AI and automotive intelligence, leveraging its software-defined vehicle expertise and expanding its global R&D footprint.

• Focus remains on rapid iteration of AI frameworks, multi-modal sensing, and cross-device collaboration.