Empyrean Technology: Revenue up, profit down sharply as costs rise; cash flow strong, subsidies key

Revenue grew 13.01% to ¥501.54 million, with net profit dropping 91.90% due to high R&D investment. The company launched multiple new EDA tools, maintained its domestic leadership, and saw strong overseas growth, while terminating a major acquisition plan.

Original document: Empyrean Technology Co., Ltd. Class A [301269] Interim report — Aug. 20 2025

Q1 2025 saw revenue rise 9.77% and net profit jump 26.72% year-over-year, with strong operating cash flow and recurring government support. Asset base declined slightly due to investment outflows, while major shareholders and business focus remained stable.

Original document: Empyrean Technology Co., Ltd. Class A [301269] Interim report — Apr. 29 2025

Revenue grew 20.98% to RMB 1.22 billion, but net profit dropped 45.46% due to high R&D and share-based payment costs. The company remains the domestic EDA leader, with robust R&D investment and a new controlling shareholder, China Electronics Corporation.

Original document: Empyrean Technology Co., Ltd. Class A [301269] Interim report — Apr. 28 2025

Empyrean Technology's net profit attributable to shareholders in 2024 dropped 45% to 109.5 million yuan from 200.7 million yuan a year earlier, according to a Shenzhen Stock Exchange filing on Monday.

Earnings per share fell 46% year on year to 0.20 yuan from 0.37 yuan.

The Chinese semiconductor company's operating income in the same period rose 21% to 1.22 billion yuan from 1.01 billion yuan in the previous year, the filing said.

The company's shares fell more than 2% in recent trade.