---
title: "SHANGFENG CEMENT (000672.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/000672.SZ/norm.md"
symbol: "000672.SZ"
name: "SHANGFENG CEMENT"
parent: "https://longbridge.com/en/quote/000672.SZ.md"
datetime: "2026-03-10T10:59:29.091Z"
locales:
  - [en](https://longbridge.com/en/quote/000672.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/000672.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/000672.SZ/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/000672.SZ/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/000672.SZ/norm.md)


# SHANGFENG CEMENT (000672.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.2718 | 0.1651 | 0.0900 | 0.2473 | 0.2358 |
| ROE | 12.88% | 7.58% | 3.56% | 10.10% | 10.81% |
| Revenue | 1.33B | 1.32B | 951.30M | 1.63B | 1.42B |
| Net income | 281.11M | 166.94M | 79.93M | 223.05M | 233.59M |
| Operating income | 57.04M | 290.08M | 80.59M | 249.58M | 218.97M |
| Gross margin | 26.53% | 34.96% | 27.41% | 24.11% | 28.88% |
| Net margin | 21.20% | 12.64% | 8.40% | 13.66% | 16.41% |
| Profit quality | 20.41% | 74.14% | 95.62% | 82.81% | 61.80% |

## Balance Sheet (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 16.88B | 17.10B | 17.20B | 17.58B | 17.71B |
| Leverage | 1.74 | 1.82 | 1.76 | 1.82 | 1.88 |
| BVPS | 8.58 | 8.50 | 10.17 | 9.52 | 9.27 |
| Turnover | 0.3024 | 0.3066 | 0.3068 | 0.3069 | 0.2888 |
| Cash & STI | 3.12B | 3.45B | 3.47B | 3.91B | 4.82B |
| Inv & Rec | 829.53M | 888.58M | 887.66M | 835.16M | 1.03B |
| LT assets | 4.67B | 4.76B | 4.92B | 4.98B | 5.20B |
| Net debt | 1.44B | 1.51B | 690.32M | 728.44M | -287.92M |

## Cash Flow Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 279.53M | 391.26M | 84.28M | 301.39M | 354.29M |
| Investing CF | -372.96M | -14.99M | -109.37M | -369.68M | -721.30M |
| Financing CF | -485.87M | -15.91M | -414.23M | -296.34M | -40.82M |
| Free CF | -441.22M | -187.79M | -68.18M | 389.84M | 287.43M |
| OCF coverage | -65.84% | 14.60% | 11.41% | 11.42% | -28.23% |
| Repaid & issued | 311.06M | 755.10M | 455.00M | 1.82B | -57.65M |
| CapEx | -23.67M | -49.43M | -21.31M | -2.95M | -59.00M |

## Distribution Plan

**Dividend Yield**: 4.36

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.619609CNY | 2025-05-26 | 2025-05-27 | 2025-05-27 |
| Cash Dividend: 
0.394497CNY | 2024-06-06 | 2024-06-07 | 2024-06-07 |
| Cash Dividend: 
0.345185CNY | 2023-05-22 | 2023-05-23 | 2023-05-23 |