Gasgoo Munich- Minth Group released its 2025 full-year report on March 24, according to Gasgoo. The company notched record highs in both revenue and profit, with net profit growing faster than sales. Core metrics like cash flow and shareholder returns improved significantly, highlighting the success of its global expansion and strategy for the electric-vehicle era.
Data shows revenue climbed 11.2% to 25.737 billion yuan, up from 23.147 billion yuan in 2024. Net profit jumped 16.1% to 2.692 billion yuan, lifting the net margin to 10.5% from 10.0%. Operating profit rose 9.8% to 2.815 billion yuan. While gross margins slipped slightly to 28% from 28.9% due to industry factors, overall earnings quality remained robust.
Image source: Minth Group
On the cash front, operating cash flow steadily improved. Combined with targeted investments in emerging sectors, free cash flow surged 98.3% to 2.703 billion yuan from 1.363 billion yuan a year earlier. Capital expenditure rose 15.6% to 2.21 billion yuan, focusing on core businesses. Meanwhile, the debt-to-asset ratio dropped 3.1 percentage points to 21.2%, solidifying the balance sheet.
Turning to shareholder returns, Minth Group significantly boosted its dividend. The payout ratio climbed 10 percentage points to 30%. The company proposed a final dividend of 0.764 Hong Kong dollars per share, a 75.6% increase from 0.435 Hong Kong dollars in 2024, delivering tangible rewards to shareholders.
