Sinoseal (300470) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached ¥410.49 million, up 21.99% year-over-year, with net profit attributable to shareholders at ¥94.35 million, a 13.84% increase year-over-year.

• Excluding non-recurring items, net profit was ¥85.38 million, up 12.08% year-over-year.

• The company completed the acquisition of Krüger & Sohn GmbH, which contributed to both revenue and cost increases.

Financial highlights

• Operating income rose to ¥410.49 million from ¥336.48 million, a 21.99% increase year-over-year.

• Net profit attributable to shareholders was ¥94.35 million, up 13.84% year-over-year.

• Basic and diluted EPS were ¥0.4640 and ¥0.4636, respectively, compared to ¥0.4036 in the prior year.

• Operating cash flow was negative at -¥4.74 million, compared to ¥4.57 million in Q1 2024.

• Total assets at quarter-end were ¥3.29 billion, up 1.84% from year-end 2024.

Outlook and guidance

• Management approved the use of up to ¥900 million in idle funds for cash management, with ¥565 million invested in various low-risk financial products by quarter-end.