Dynagreen Environmental Protection Group (1330) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached RMB 828.2 million, up 2.9% year-over-year, with net profit attributable to shareholders rising 33.2% to RMB 185.0 million.

• Operating profit increased to RMB 239.6 million from RMB 180.8 million in Q1 2024, driven by higher revenue and reduced costs.

• Basic and diluted EPS both rose to RMB 0.13, compared to RMB 0.10 in the prior year period.

Financial highlights

• Net cash flows from operating activities improved to RMB 272.1 million, up from RMB 224.0 million year-over-year.

• Total assets stood at RMB 22.02 billion as of March 31, 2025, with owners' equity at RMB 8.24 billion.

• Operating costs decreased to RMB 420.6 million from RMB 449.4 million, and financial expenses dropped to RMB 96.7 million from RMB 121.0 million.

• Net cash used in investing activities was RMB -115.6 million, and net cash used in financing activities was RMB -102.7 million.

Outlook and guidance

• Profit growth attributed to proactive quality improvement, cost reduction, and efficiency enhancement initiatives.