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Jianlin Reports Q1 EPS of 1.84, Driving Growth in Automotive Safety Components

Jianlin Reports Q1 EPS of 1.84, Driving Growth in Automotive Safety Components

Jianlin Co., Ltd. (stock code: 2228) announced its Q1 2025 financial results on the 2nd, reporting consolidated revenues of NT$1.282 billion, a 3.79% increase year-over-year. The company's earnings before tax were NT$205 million, and net profit after tax was NT$146 million, translating to a post-tax earnings per share (EPS) of NT$1.84. This growth was propelled by strong shipments of knee and side airbags, as well as pre-tensioned seat belt precision conduits.

Despite the previous year's comparative figure being raised by a deferred income tax reversal benefit of NT$127 million (approximately EPS NT$1.67) from the profits of a Chinese subsidiary, the EPS for this year’s first quarter has exceeded last year’s, reaching a new high for the last four quarters.

Jianlin has focused on the automotive safety components sector, benefiting from stricter vehicle safety regulations worldwide, which have led to an increase in the number of airbags per vehicle. Currently, the automotive sector accounts for 85% of the company's revenue.

With its key R&D technologies in automotive safety systems, stable high-yield production capabilities, and excellent manufacturing processes, Jianlin continues to exhibit strong order-taking abilities, achieving a gross margin of 25% and an operating margin of 11% in the first quarter. Looking ahead to Q2 2025, Jianlin maintains a cautiously optimistic outlook, continuing to deepen collaborations with major automakers and actively developing high-value automotive safety product designs to enhance order visibility and customer loyalty.