---
title: "Ninestar (002180.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002180.SZ/norm.md"
symbol: "002180.SZ"
name: "Ninestar"
parent: "https://longbridge.com/en/quote/002180.SZ.md"
datetime: "2026-03-10T09:48:34.186Z"
locales:
  - [en](https://longbridge.com/en/quote/002180.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002180.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002180.SZ/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/002180.SZ/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/002180.SZ/norm.md)


# Ninestar (002180.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0312 | -0.2789 | 0.0593 | -0.2406 | 0.0760 |
| ROE | -1.84% | -15.97% | 3.34% | -13.02% | 4.19% |
| Revenue | 2.18B | 6.40B | 5.93B | 7.02B | 6.60B |
| Net income | -44.42M | -396.15M | 84.38M | -332.01M | 107.57M |
| Operating income | 94.53M | 84.24M | 465.00M | 434.09M | 623.40M |
| Gross margin | 27.34% | 29.40% | 31.70% | 30.19% | 32.55% |
| Net margin | -2.04% | -6.19% | 1.42% | -4.73% | 1.63% |
| Profit quality | 61.56% | 8.64% | -112.63% | 29.38% | 81.55% |

## Balance Sheet (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 17.55B | 35.57B | 36.04B | 37.35B | 37.63B |
| Leverage | 1.80 | 3.60 | 3.48 | 3.65 | 3.49 |
| BVPS | 6.82 | 6.84 | 7.14 | 7.08 | 7.38 |
| Turnover | 0.7802 | 0.7142 | 0.7040 | 0.6986 | 0.6085 |
| Cash & STI | 3.25B | 4.06B | 3.84B | 5.82B | 6.51B |
| Inv & Rec | 4.53B | 4.05B | 6.42B | 6.23B | 6.26B |
| LT assets | 1.69B | 1.72B | 4.55B | 4.62B | 4.83B |
| Net debt | 982.54M | 111.37M | 9.55B | 8.02B | 7.63B |

## Cash Flow Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 153.55M | 975.00M | -412.85M | 1.48B | 764.39M |
| Investing CF | -384.69M | -371.65M | -100.74M | -2.38B | -505.16M |
| Financing CF | -40.83M | -1.06B | -12.41M | -574.79M | -535.93M |
| Free CF | -1.54B | 383.63M | -1.58B | 2.15B | -816.18M |
| OCF coverage | 36.54% | 50.22% | -24.58% | 65.93% | 77.86% |
| Repaid & issued | 557.12M | 555.64M | 1.08B | 520.54M | 844.28M |
| CapEx | -84.87M | -241.56M | -286.36M | -505.00M | -112.54M |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.119389CNY | 2023-06-21 | 2023-06-26 | 2023-06-26 |
| Cash Dividend: 
0.099845CNY | 2022-07-12 | 2022-07-13 | 2022-07-13 |
| Cash Dividend: 
0.12CNY | 2021-07-08 | 2021-07-09 | 2021-07-09 |