Unisplendour (000938) Q1 2025 earnings summary

Executive summary

• Q1 2025 revenue reached RMB 20.79 billion, up 22.25% year-over-year; net profit attributable to shareholders was RMB 348.5 million, down 15.75% year-over-year.

• Excluding non-recurring items, net profit attributable to shareholders rose 19.30% year-over-year to RMB 409.2 million.

• Cash flow from operating activities improved significantly to -RMB 840.5 million from -RMB 1.94 billion a year ago.

• Strategic focus on “AI in ALL” and “AI for ALL” drove product innovation and industry application growth.

Financial highlights

• Total assets at quarter-end were RMB 95.99 billion, up 8.09% from year-end 2024.

• Shareholders’ equity attributable to listed company shareholders was RMB 13.68 billion, up 2.63% from year-end.

• Basic and diluted EPS were both RMB 0.1219, down 15.75% year-over-year.

• Gross margin and operating profit details not explicitly disclosed.

Outlook and guidance

• Continued focus on AI-driven solutions and vertical industry applications.

• Ongoing expansion in both domestic and international markets, with strong growth in government and enterprise sectors.