---
title: "T.B Infrastructure (000965.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/000965.SZ/norm.md"
symbol: "000965.SZ"
name: "T.B Infrastructure"
parent: "https://longbridge.com/en/quote/000965.SZ.md"
datetime: "2026-03-10T17:36:51.733Z"
locales:
  - [en](https://longbridge.com/en/quote/000965.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/000965.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/000965.SZ/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/000965.SZ/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/000965.SZ/norm.md)


# T.B Infrastructure (000965.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0481 | 0.0160 | 0.0904 | 0.0146 | -0.0040 |
| ROE | -3.87% | 1.28% | 7.31% | 1.17% | -0.33% |
| Revenue | 1.83B | 316.56M | 169.49M | 963.15M | 1.04B |
| Net income | -53.47M | 17.73M | 100.35M | 15.96M | -4.46M |
| Operating income | 68.53M | 8.95M | 95.29M | -51.21M | 196.47M |
| Gross margin | 10.10% | 16.17% | -26.98% | 4.62% | 16.34% |
| Net margin | -2.92% | 5.60% | 59.21% | 1.66% | -0.43% |
| Profit quality | 38.79% | -9.99% | -9.22% | -8.20% | 87.28% |

## Balance Sheet (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 15.49B | 15.76B | 15.64B | 14.65B | 14.50B |
| Leverage | 2.32 | 2.36 | 2.35 | 2.23 | 2.21 |
| BVPS | 4.95 | 5.00 | 4.99 | 4.90 | 4.89 |
| Turnover | 0.2190 | 0.1629 | 0.1628 | 0.1798 | 0.2151 |
| Cash & STI | 1.56B | 1.12B | 905.25M | 1.28B | 1.11B |
| Inv & Rec | 10.54B | 11.66B | 11.83B | 10.61B | 10.02B |
| LT assets | 364.23M | 294.81M | 276.65M | 279.48M | 281.87M |
| Net debt | 2.88B | 3.03B | 2.90B | 1.86B | 2.48B |

## Cash Flow Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 176.69M | -89.56M | -1.03B | 624.26M | 225.10M |
| Investing CF | -4.21M | 8.04M | 37.85M | 97.22M | -2.84M |
| Financing CF | 263.37M | 298.26M | 619.70M | -553.75M | -160.88M |
| Free CF | 337.81M | -107.86M | -1.13B | 341.54M | 318.54M |
| OCF coverage | 18.18% | -50.25% | -554.39% | 52.99% | 30.14% |
| Repaid & issued | 1.23B | 478.68M | 805.96M | 649.60M | 583.07M |
| CapEx | -4.21M | -3.60M | -154526.00 | -645405.00 | -2.84M |

## Distribution Plan

**Dividend Yield**: 0.25

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.01CNY | 2025-06-18 | 2025-06-19 | 2025-06-19 |
| Cash Dividend: 
0.02CNY | 2024-06-13 | 2024-06-14 | 2024-06-14 |
| Cash Dividend: 
0.02CNY | 2023-06-13 | 2023-06-14 | 2023-06-14 |