Zhongguancun ScienceTech
1601.HK
HKD0.850 -2.30%
Exchange: HKSE | Sector: Financial Services | Industry: Financial Credit Services
Q1 2025
Published: Mar 31, 2025

Earnings Highlights

  • Revenue of $193.42M down 6.6% year-over-year
  • EPS of $0.05 increased by 5.4% from previous year
  • Gross margin of 100.0%
  • Net income of 70.74M
  • "N/A" - Management
1601.HK
Company 1601.HK

Executive Summary

Zhongguancun ScienceTech Leasing reported QQ1 2025 revenue of RMB 193.4 million with a full gross margin, yielding an operating income of RMB 94.31 million and a net income of RMB 70.74 million. The quarterly results imply a robust operating discipline: operating margin of 48.8% and net margin of 36.6% on revenue of RMB 193.4 million. YoY revenue declined 6.6% (from RMB 207.06 million in Q1 2024) but net income rose about 5.4% YoY, reflecting a favorable cost-to-revenue mix and disciplined expense management. QoQ, revenue and gross profit surged by ~343% driven by a substantial rebound from the prior quarter, which shows a negative Q4 2024 reading (-RMB 79.58 million). This sharp QoQ rebound points to quarter-to-quarter cyclicality common in project-based lending/financing cycles but also underscores improved near-term profitability dynamics.

Key Performance Indicators

Revenue
Decreasing
193.42M
QoQ: 343.05% | YoY: -6.58%
Gross Profit
Decreasing
193.42M
1.00% margin
QoQ: 343.05% | YoY: -6.58%
Operating Income
Increasing
94.31M
QoQ: 132.98% | YoY: 3.50%
Net Income
Increasing
70.74M
QoQ: 24.49% | YoY: 5.37%
EPS
Increasing
0.05
QoQ: 24.65% | YoY: 5.36%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 126.32 0.09 -63.7% View
Q1 2025 193.42 0.05 -6.6% View
Q4 2024 -79.58 0.04 +19.6% View
Q3 2024 347.51 0.06 +3.2% View