---
title: "NINGBO KANGQIANG (002119.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002119.SZ/norm.md"
symbol: "002119.SZ"
name: "NINGBO KANGQIANG"
parent: "https://longbridge.com/en/quote/002119.SZ.md"
datetime: "2026-05-20T04:30:56.522Z"
locales:
  - [en](https://longbridge.com/en/quote/002119.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002119.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002119.SZ/norm.md)
---

# NINGBO KANGQIANG (002119.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.0700 | 0.0514 | 0.1001 | 0.0899 | 0.0700 |
| ROE | 7.33% | 5.68% | 10.30% | 9.56% | 7.51% |
| Revenue | 656.08M | 635.69M | 592.49M | 531.82M | 439.42M |
| Net income | 25.47M | 20.06M | 36.93M | 33.57M | 25.92M |
| Operating income | 45.03M | 26.11M | 61.24M | 16.34M | 32.26M |
| Gross margin | 14.50% | 12.42% | 16.58% | 12.09% | 14.07% |
| Net margin | 3.88% | 3.15% | 6.23% | 6.31% | 5.90% |
| Profit quality | -27.76% | -49.39% | 6173.68% | 22.30% | 56.82% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 2.82B | 2.61B | 2.54B | 2.43B | 2.31B |
| Leverage | 2.00 | 1.90 | 1.75 | 1.72 | 1.66 |
| BVPS | 3.75 | 3.66 | 3.87 | 3.77 | 3.71 |
| Turnover | 0.9421 | 0.8887 | 0.8159 | 0.8082 | 0.8480 |
| Cash & STI | 355.01M | 406.54M | 482.78M | 520.85M | 321.05M |
| Inv & Rec | 719.70M | 581.48M | 504.12M | 439.40M | 404.24M |
| LT assets | 625.98M | 614.12M | 630.34M | 612.20M | 605.56M |
| Net debt | 379.59M | 284.16M | 133.75M | 100.29M | 281.92M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -162.25M | -52.86M | 991929.00 | 73.30M | 56.78M |
| Investing CF | 141.45M | -1.31M | -21.69M | -17.97M | 2.96M |
| Financing CF | 89.25M | -32.85M | -7.99M | 3.62M | -33.89M |
| Free CF | -102.26M | 16.03M | -62.53M | 88.63M | -7.94M |
| OCF coverage | -103.00% | -35.83% | 0.32% | 33.65% | 22.71% |
| Repaid & issued | 200.00M | 171.03M | 314.26M | 179.71M | 236.76M |
| CapEx | -12.94M | -18.63M | -14.07M | -11.73M | -9.39M |

## Distribution Plan

**Dividend Yield**: 0.16

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.04CNY | 2026-05-07 | 2026-05-08 | 2026-05-08 |
| Cash Dividend: 
0.03CNY | 2025-05-08 | 2025-05-09 | 2025-05-09 |
| Cash Dividend: 
0.03CNY | 2024-06-18 | 2024-06-19 | 2024-06-19 |