INVT's Q1 2025 revenue down 11.47%

Shenzhen Invt Electric (SZSE:002334) announced its first-quarter results for 2025, reporting a YoY revenue decrease of 11.47% to CNY 840.25 million, while net profit attributable to shareholders declined by 26.44% to CNY 34.74 million. Basic earnings per share also saw a decrease, falling to CNY 0.0432. The company's industrial automation sector accounted for 63.77% of revenue, while network power, new energy vehicle, and photovoltaic energy sectors represented 18.57%, 12.95%, and 4.71% respectively. Total assets edged up slightly by 0.69% to CNY 5.36 billion, and shareholder equity increased by 1.46% to CNY 2.95 billion. The company attributed changes to policies by the Ministry of Finance, including integrating guarantee-type quality assurance expenses into the cost of sales.