Zhejiang Chint Electrics Co (601877) H2 2025 earnings summary

Executive summary

• Achieved revenue of ¥59.14 billion, down 8.33% year-over-year; net profit attributable to shareholders rose 16.19% to ¥4.50 billion.

• Operating cash flow increased 51.89% to ¥23.09 billion; total assets grew 14.89% to ¥158.64 billion.

• Proposed cash dividend of ¥6 per 10 shares, with a payout ratio of 28.37%.

• Audit opinion was standard unqualified; no major legal, compliance, or governance issues reported.

Financial highlights

• Net profit attributable to shareholders: ¥4.50 billion, up 16.19% year-over-year.

• Revenue: ¥59.14 billion, down 8.33% year-over-year.

• Operating cash flow: ¥23.09 billion, up 51.89% year-over-year.

• Basic and diluted EPS: ¥2.10, up 16.02% year-over-year.

• Gross margin for low-voltage electrical: 28.62%; for photovoltaic: 24.29% (up 4.03 percentage points).

Outlook and guidance

• Expects stable growth in low-voltage electrical and continued expansion in global photovoltaic markets.

• Focus on digital transformation, R&D, and global supply chain optimization.

• Strategic emphasis on smart electrical and green energy, with ongoing investment in new technologies and overseas markets.