Generalplus Technology (4952) Q1 2025 earnings summary

Executive summary

• Operating revenue for Q1 2025 was NT$526,188 thousand, down 3% year-over-year from NT$543,764 thousand.

• Net profit for Q1 2025 was NT$45,964 thousand, a 25% decrease compared to NT$61,182 thousand in Q1 2024.

• Basic and diluted EPS for Q1 2025 were both NT$0.42, down from NT$0.56 in Q1 2024.

• Total comprehensive income for Q1 2025 was NT$58,095 thousand, compared to NT$71,600 thousand in Q1 2024.

Financial highlights

• Gross profit margin for Q1 2025 was 37%, slightly down from 38% in Q1 2024.

• Operating income for Q1 2025 was NT$35,369 thousand, down from NT$43,240 thousand year-over-year.

• Cash and cash equivalents increased to NT$937,372 thousand as of March 31, 2025, from NT$982,206 thousand a year earlier.

• Total assets as of March 31, 2025 were NT$2,960,849 thousand, with equity at NT$2,301,892 thousand.

• Short-term loans stood at NT$102,935 thousand, with an unused credit facility of NT$1,229,115 thousand.

Outlook and guidance

• The company continues to assess the impact of new IFRS standards effective in 2026 and is preparing for changes in financial statement presentation and disclosures.

• Management is monitoring the potential impact of U.S. countervailing tariff measures on future cash flows and profitability.