Tinci Materials' Q1 revenue surges 41.64%, profit up 30.80%

Guangzhou Tinci Materials Technology (SZSE:002709) announced its first-quarter 2025 results, showcasing significant year-over-year growth. Revenue increased by 41.64% to CNY3,488,655,637.67, while net profit attributable to shareholders rose by 30.80% to CNY149,618,189.51. Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY134,238,494.59, a 33.35% increase. Basic earnings per share stood at 0.08, up 33.33%. The company attributed the strong performance to increased sales of lithium-ion battery materials. Operating cash flow was negative CNY122,383,425.18, a significant decrease, mainly due to decline in cash receipts from sales and increase in cash payments of materials. Total assets reached CNY24,262,053,677.00, up 1.29% from the end of last year, and net assets attributable to shareholders totaled CNY13,153,708,291.42, up 0.38%.