---
title: "XCMG (000425.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/000425.SZ/norm.md"
symbol: "000425.SZ"
name: "XCMG"
parent: "https://longbridge.com/en/quote/000425.SZ.md"
datetime: "2026-05-20T10:12:13.937Z"
locales:
  - [en](https://longbridge.com/en/quote/000425.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/000425.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/000425.SZ/norm.md)
---

# XCMG (000425.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.1750 | 0.0543 | 0.1395 | 0.1991 | 0.1720 |
| ROE | 13.36% | 3.96% | 10.77% | 15.33% | 13.49% |
| Revenue | 29.79B | 22.67B | 23.35B | 27.99B | 27.27B |
| Net income | 2.06B | 595.01M | 1.62B | 2.34B | 2.04B |
| Operating income | 3.08B | -94.25M | 2.72B | 3.05B | 2.38B |
| Gross margin | 22.05% | 20.13% | 24.78% | 20.52% | 21.95% |
| Net margin | 6.90% | 2.63% | 6.93% | 8.34% | 7.48% |
| Profit quality | 142.94% | -1.12% | 138.45% | 105.14% | 280.15% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 183.57B | 172.08B | 179.64B | 176.36B | 171.75B |
| Leverage | 2.86 | 2.78 | 2.93 | 2.85 | 2.75 |
| BVPS | 5.33 | 5.52 | 5.16 | 5.15 | 5.19 |
| Turnover | 0.5817 | 0.6009 | 0.5880 | 0.5693 | 0.5717 |
| Cash & STI | 28.92B | 22.71B | 22.50B | 24.86B | 23.34B |
| Inv & Rec | 39.53B | 39.15B | 37.52B | 34.74B | 31.57B |
| LT assets | 25.68B | 26.32B | 26.51B | 26.96B | 26.91B |
| Net debt | 18.70B | 21.69B | 27.93B | 26.23B | 25.87B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 2.15B | 8.45B | 1.97B | 2.90B | 850.18M |
| Investing CF | -980.25M | -1.58B | -1.09B | -149.22M | -708.83M |
| Financing CF | 5.41B | -7.21B | -3.04B | -2.06B | 3.63B |
| Free CF | 2.04B | 8.81B | -2.59B | 2.43B | -774.26M |
| OCF coverage | 20.33% | 29.66% | 38.71% | 18.14% | 7.72% |
| Repaid & issued | 12.59B | 19.89B | 1.70B | 16.33B | 14.23B |
| CapEx | -1.03B | -1.64B | -1.20B | -272.21M | -1.02B |

## Distribution Plan

**Dividend Yield**: 1.85

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.174973CNY | 2025-07-08 | 2025-07-09 | 2025-07-09 |
| Cash Dividend: 
0.179998CNY | 2024-07-02 | 2024-07-03 | 2024-07-03 |
| Cash Dividend: 
0.149886CNY | 2023-06-13 | 2023-06-14 | 2023-06-14 |