Executive Summary
Huaibei GreenGold reported solid top-line momentum in QQ1 2025, with revenue of 63.65 million CNY, up 14.94% year over year and 1.50% quarter over quarter. The gross profit rose to 25.76 million CNY, delivering a robust gross margin of 40.47%, while EBITDA reached 32.60 million CNY, yielding an EBITDA margin of 51.21% signaling strong operating leverage at the current activity level. These metrics point to a business with healthy product mix, pricing discipline, and scalable operations within its construction materials focus (aggregates, readymixed concrete, cement-stabilized macadam, etc.).
Key Performance Indicators
Key Insights
Revenue: 63,650,500 CNY; YoY +14.94%; QoQ +1.50%. Gross Profit: 25,757,000 CNY; Gross Margin 40.47%; YoY +27.50%; QoQ +18.82%. Operating Income: 16,286,500 CNY; Operating Margin 25.59%; YoY +28.11%; QoQ +8.34%. EBITDA: 32,595,500 CNY; EBITDARatio 0.5121; Net Income: -1,394,000 CNY; Net Margin -2.19%; YoY +63.69%; QoQ +80.50%. EPS (Diluted): -0.0053 CNY; EPS YoY +63.45%; QoQ +80.44%. Weighted Average Shs Out: 264,015,151. Observations: The quarter benefits from strong gross and operating margins ...
Financial Highlights
Revenue: 63,650,500 CNY; YoY +14.94%; QoQ +1.50%. Gross Profit: 25,757,000 CNY; Gross Margin 40.47%; YoY +27.50%; QoQ +18.82%. Operating Income: 16,286,500 CNY; Operating Margin 25.59%; YoY +28.11%; QoQ +8.34%. EBITDA: 32,595,500 CNY; EBITDARatio 0.5121; Net Income: -1,394,000 CNY; Net Margin -2.19%; YoY +63.69%; QoQ +80.50%. EPS (Diluted): -0.0053 CNY; EPS YoY +63.45%; QoQ +80.44%. Weighted Average Shs Out: 264,015,151. Observations: The quarter benefits from strong gross and operating margins and a sizeable EBITDA contribution, but the bottom line shows a net loss driven by significant non-operating expenses (Total Other Income/Expenses Net of -16,740,500 CNY) and a modest tax expense of 1,257,500 CNY.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
63.65M |
14.94% |
1.50% |
| Gross Profit |
25.76M |
27.50% |
18.82% |
| Operating Income |
16.29M |
28.11% |
8.34% |
| Net Income |
-1.39M |
63.69% |
80.50% |
| EPS |
-0.01 |
63.45% |
80.44% |
Management Commentary
Transcript not provided for QQ1 2025. No management quotes are available in the supplied data. If a transcript is released, we will extract themes on strategy, operations, and market conditions for inclusion.
Transcript not provided for QQ1 2025.
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Transcript not provided for QQ1 2025.
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Forward Guidance
No formal forward guidance was disclosed in the provided data. Given the absence of explicit targets, investors should monitor: (1) sustained revenue growth drivers in aggregates and readymix within the Chinese construction cycle, (2) the trajectory of non-operating items that pressured the bottom line in QQ1 2025, (3) potential operating leverage as capacity utilization and price realization evolve, and (4) capital expenditure and working capital needs that could affect free cash flow. Industry cycles in infrastructure activity and local government investment in construction materials will be key catalysts or headwinds over the near term.