Yijia Group Corp (YJGJ) Q2 2025 Earnings Report

Yijia Group Corp (YJGJ) reported a compelling QQ2 2025 performance characterized by a sharp sequential revenue rebound and margin expansion, alongside a strong balance sheet with a sizable net cash position. On a QoQ basis, revenue surged to 292.1 million USD (reported in USD), up 169.3% from Q1 2025, while gross profit rose to 155.8 million USD, pushing gross margin to 53.3%. Operating income reached 62.6 million USD (operating margin ~21.4%), and net income was 32.6 million USD (net margin ~11.2%), with EPS of 0.0036. These results reflect meaningful operating leverage and a favorable mix that lifted profitability despite a challenging macro backdrop for many services providers.

The cash flow profile remains solid. Operating cash flow was 8.8 million USD for the quarter, with free cash flow also reported at 8.8 million USD. The company ended the period with a cash balance of approximately 222.8 million USD and a net cash position of -222.8 million USD (net debt = -222,795), indicating a cash-rich balance sheet and no long-term debt. Notably, working capital movements in QQ2 were material, with a large change in working capital (449.5 million USD) and substantial other working capital items (596.9 million USD), partially offset by a negative non-cash adjustment (-474.2 million USD).

Valuation metrics imply a sizable premium relative to some material peers, with a price-to-sales around 15.4x and an EV/sales around 68x, alongside a price-to-book of 4.35x. Given the company’s ability to generate cash, maintain liquidity, and scale QoQ revenue, the QQ2 performance supports a constructive near-term outlook contingent on sustained demand and prudent working capital management. The absence of a contemporaneous earnings call transcript in the provided data limits management commentary in this report; where available, quotes have been incorporated from the quarter’s disclosed metrics and peer context.