Zhejiang Shuanghuan Driveline (002472) Q2 2025 earnings summary

Executive summary

• Revenue for the first half of 2025 was ¥4.23 billion, down 2.2% year-over-year from ¥4.32 billion.

• Net profit attributable to shareholders was ¥577 million, up 18.4% year-over-year from ¥488 million.

• Basic and diluted EPS were ¥0.68, compared to ¥0.55 in the prior year.

• The board proposed a cash dividend of ¥1.80 per 10 shares for the interim period.

Financial highlights

• Gross profit was ¥1.14 billion, with a gross margin of 27.0%, up from 22.7% in the prior year.

• Operating profit was ¥705.9 million, up from ¥614.9 million year-over-year.

• Net cash flow from operating activities was ¥980 million, compared to ¥810.8 million in the prior year.

• Total assets at June 30, 2025, were ¥17.55 billion, up from ¥15.87 billion at year-end 2024.

• Total liabilities were ¥9.70 billion, with an equity balance of ¥7.85 billion.

Outlook and guidance

• Management confirmed no material uncertainties affecting going concern for the next 12 months.

• The company continues to invest in R&D and capacity expansion, with several major projects underway.