---
title: "XINXING PIPES (000778.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/000778.SZ/norm.md"
symbol: "000778.SZ"
name: "XINXING PIPES"
parent: "https://longbridge.com/en/quote/000778.SZ.md"
datetime: "2026-03-03T23:28:42.323Z"
locales:
  - [en](https://longbridge.com/en/quote/000778.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/000778.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/000778.SZ/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/000778.SZ/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/000778.SZ/norm.md)


# XINXING PIPES (000778.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.0746 | 0.0673 | 0.0345 | -0.0794 | 0.0140 |
| ROE | 4.54% | 4.15% | 2.15% | -4.95% | 0.87% |
| Revenue | 9.46B | 9.35B | 8.38B | 9.11B | 8.35B |
| Net income | 295.54M | 266.87M | 137.02M | -316.03M | 55.72M |
| Operating income | 412.43M | 377.76M | 217.50M | -406.69M | 16.69M |
| Gross margin | 7.87% | 8.12% | 7.61% | 1.56% | 4.81% |
| Net margin | 3.13% | 2.85% | 1.64% | -3.47% | 0.67% |
| Profit quality | -138.19% | 9.90% | -7.82% | -16.38% | 2.02% |

## Balance Sheet (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 53.95B | 54.81B | 55.34B | 53.25B | 54.73B |
| Leverage | 1.86 | 1.91 | 1.96 | 1.89 | 1.91 |
| BVPS | 6.61 | 6.55 | 6.44 | 6.37 | 6.45 |
| Turnover | 0.6680 | 0.6407 | 0.6414 | 0.6655 | 0.6124 |
| Cash & STI | 7.17B | 10.02B | 8.75B | 9.02B | 6.22B |
| Inv & Rec | 5.87B | 5.23B | 5.16B | 4.96B | 5.90B |
| LT assets | 21.58B | 21.75B | 21.67B | 21.87B | 21.94B |
| Net debt | 4.96B | 4.04B | 6.86B | 4.23B | 7.05B |

## Cash Flow Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -298.46M | 3.82B | -2.78B | 2.48B | 825.11M |
| Investing CF | -264.32M | -454.74M | -128.08M | -250.34M | -31.71M |
| Financing CF | -2.33B | -1.61B | 2.25B | 564.25M | -1.51B |
| Free CF | -2.20B | 3.27B | -3.09B | 4.10B | -1.22B |
| OCF coverage | -9.62% | 152.45% | -91.92% | 117.15% | 34.92% |
| Repaid & issued | 502.81M | 365.53M | 5.13B | 2.24B | 761.19M |
| CapEx | -282.93M | -526.28M | -148.09M | -477.15M | -115.30M |

## Distribution Plan

**Dividend Yield**: 0.39

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.02CNY | 2025-07-03 | 2025-07-04 | 2025-07-04 |
| Cash Dividend: 
0.059958CNY | 2024-07-11 | 2024-07-12 | 2024-07-12 |
| Cash Dividend: 
0.129909CNY | 2023-07-06 | 2023-07-07 | 2023-07-07 |